Trump says no tariffs will be imposed on gold, spot gold recovers some of its lost ground
Internet reports that after a U.S. federal ruling triggered chaos and chaos in the global gold market, Trump said on Monday that "there will be no tariffs on gold!" After Trump's post, gold futures on the New York Mercantile Exchange remained almost unchanged. Spot gold recovered some of its losses, but still fell more than 1% for the day. As of Monday afternoon local time, U.S. agencies have not yet released official updates on policies.
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