Confusion Over US Tariffs on Swiss Gold Bars Sends Futures Soaring

Aug 09 2025 crypto


Gold prices initially surged after the Trump administration announced reciprocal tariffs on Swiss gold bars, briefly exceeding $3,400 per ounce. The gains appeared to reverse after the White House clarified that an executive order would exempt gold bars from these tariffs. Tariffs Cause Chaos in Gold Market Before Clarification Gold’s price gains, made hours after

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