Gold futures trade high as the White House to give explanations at bullion tariffs

Friday on Friday after a message that the United States imposed tariffs on the import of 1 kilometer gold bars, while the United States imposed tariffs on imports of 1 kilometer gold bars, while Spot Gold stopped on the highway on the second week’s income.

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Gold prices have fallen from a record high Friday after the White House stated to clarify “misinformation” about precious metals tariffs.

“The White House intends to issue an executive order in the near future, finding out the misinformation about the tariffs of gold bars and other specialized products,” the White House official CNBC said.

Gold futures fell from the closure at all time at $ 3491.30 for the White House application. The precious metal last traded at $ 3 463.30.

A Swiss association of precious metals Earlier on Friday, he warned that the US tariffs “could have a negative impact on the international flow of physical gold.”

“We are particularly concerned about the consequences of the tariffs for the gold industry and physical exchange of gold from the US, a longtime and historical partner for Switzerland,” said Christoph Wilde, President The Swiss association of precious metals.

This week, President Donald Trump imposed a 39% tariff on the US Customs Customs Exhibition and border defense, it is obvious that this week is 1 kilogram and 100 ounces of gold bars are not excluded from tariffs. Switzerland is the largest refineries in the world.

“It should be noted that this explanation is applied not exclusively to Switzerland, but to all 1 kg and 100 ounces of gold bars that are imported in the US from any country,” said the Swiss Association of precious metals.

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