Group 1 - The U.S. government has announced a 39% tariff on gold bars imported from Switzerland, causing significant turmoil in international financial markets [1][2] - Following the announcement, gold futures prices surged to a historic high of $3,534 per ounce, but the White House quickly denied the tariff plans, leading to a rapid decrease in gold price gains [1][2] - Since the end of 2024, precious metal prices, including gold and silver bars, have increased by 27%, driven by inflation concerns, tariff risks, and the weakening position of the U.S. dollar [1] Group 2 - The potential inclusion of gold in the tariff list could disrupt the core operational mechanisms of the U.S. gold market, particularly affecting the reliability of futures contracts that depend on physical delivery [2] - The tariff may challenge New York's status as a global gold pricing center, with analysts warning that it could distort the market and reduce the exchange's attractiveness to global investors [2] - The uncertainty surrounding the tariff has led to a disconnect in gold pricing between London and New York, indicating an increased risk premium in the U.S. market [2][3] Group 3 - The global gold trade relies on a triangular flow system involving London, Switzerland, and New York, and the tariff could necessitate a restructuring of this international supply chain [3] - Due to rising economic uncertainty, U.S. retailers like Costco have implemented limits on gold bar purchases, suggesting that consumers may face potential cost pass-throughs [3]

据一份日期为7月31日的美国海关与边境保护局（CBP）文件显示，一公斤和100盎司的金条被归入为需要征收关税的海关代码， 这份文件通常用作 美国厘清其贸易政策具体细节。 此前，行业普遍估计一公斤和100盎司的金条应被归类在另一种免征关税的海关代码中。但如果美国按照CBP文件对金条征收关税，其可能 扰乱全球黄金市场，并给全球最大精炼中心的瑞士带来新的打击。 目前， 美国对瑞士商品征收39%的关税，而黄金是瑞士对美国出口的主要商品之一。 瑞士在截至去年底的六个月内向美国出口了615亿美元的黄金，如果按照现行关税税率计算，这一出口额可能需要缴纳240亿美元的关税。 而自去年年底以来，黄金价格已经上涨了27%，并一度触及每盎司3500美元的历史高点。通胀担忧、关税风险以及美元地位动摇都是推动 金价上涨的重要原因。一旦黄金也被征收关税，金价将在今年看到更加迅猛的涨势。 海关代码的重要性 一公斤金条是纽约期货市场上最常见的交易品，占到瑞士对美国出口黄金中的相当大部分。瑞士贵金属制造商和贸易商协会主席Christoph Wild表示，关税决定可能对瑞士与美国间的黄金贸易造成严重打击。 今年早些时候，交易商们争相在特朗普的对 ...