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US Surprises Gold Bullion Market With Import Tariff
Bloomberg Television· 2025-08-08 19:04
Trump's tariffs have stunned the gold market. That's because the US Customs and Border Protection made clear that imports of one kilo and 100 ounce gold bars are now subject to tariffs. A major shock to the industry, which is used to those bars being exempt.Gold industry executives, analysts and traders are now all scrambling to understand what this US policy means for them, which is resulting in shipments being frozen and lots of price action. Gold futures, which are backed by those bars of gold, rose to a ...
Could gold prices go even higher? Here's what the charts show.
Yahoo Finance· 2025-06-20 17:58
[Music] Gold is on a tan 25, up nearly 30% so far this year, torching stocks and bonds as investors scramble for a safe haven watching the dollar head lower. I'm Jared Blickery, host of Stocks in Translation. We're going to start here with a century of gold in a second here, but I wanted to find the gold standard, and this is something that went away 90 years ago.The n the gold standard is a monetary system where dollars can be swapped for a fixed amount of gold. And here's that chart. Way back in the day, ...