金价暴跌，特朗普澄清“黄金税”

Core Viewpoint - The article discusses the recent fluctuations in gold prices due to U.S. President Trump's announcement regarding import tariffs on gold bars, which has led to a significant drop in international gold prices and a shift in market sentiment towards inflation and trade issues [2][3][4]. Market Reaction - Following Trump's announcement, gold futures on the New York Commodity Exchange fell nearly 2.5%, dropping below $3,400 per ounce, marking the largest decline since May [3]. - The announcement led to a temporary spike in gold prices, reaching a record $3,534.10 per ounce, before retreating as the White House clarified the tariff situation [3][4]. Tariff Implications - The U.S. Customs and Border Protection clarified the correct customs code for gold bars, which could lead to potential tariffs, causing confusion and volatility in the market [3][4]. - Major gold suppliers, including those from Switzerland, halted shipments to the U.S. amid tariff uncertainties, although mining companies like Barrick Gold downplayed the impact, stating they are price takers [3][4]. Economic Indicators - The market is closely watching upcoming U.S. inflation data, with expectations that the Consumer Price Index (CPI) and Producer Price Index (PPI) will influence Federal Reserve interest rate decisions [6]. - A weaker-than-expected U.S. jobs report has increased speculation about a potential rate cut by the Federal Reserve in September, with a 89.4% probability of a 25 basis point cut [6]. Trade Relations - The article highlights ongoing trade tensions, including new tariffs on various goods, which have been a significant factor in driving gold prices up this year [6]. - Trump's recent actions regarding semiconductor and pharmaceutical tariffs are also noted, with potential rates reaching as high as 250% [6]. Geopolitical Factors - The potential for a ceasefire between Russia and Ukraine is seen as a factor that could reduce gold's safe-haven demand, impacting prices negatively [7][8]. - Analysts express optimism about the upcoming U.S.-Russia talks, viewing them as a crucial step towards stability, which could further influence gold prices [8].