Golden futures increased to a record level on Friday after a report stating that the United States had imposed a tariff on the imports of gold bars 1 kg, while the immediate gold remained on the right track to achieve a weekly weekly gain on the identification disturbances and hopes of American interest rates.
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Gold prices fell from a record on Friday after the White House said it would explain “wrong information” about the precious metal tariffs.
“The White House intends to issue an executive in the near future that clarifies the wrong information about the tariff of golden bars and other specialized products,” CNBC official told CNBC.
Golden futures decreased from the highest level at all times by $ 3491.30 in the White House statement. The precious metal was traded at the end of 3,463.30 dollars.
the Swiss precious metals association Earlier on Friday he warned that US definitions “may negatively affect the international flow of physical gold.”
“We are particularly concerned about the effects of the definitions of the gold and material exchange of gold with the United States, a long -term historical partner in Switzerland,” said Christophe Wilde, Chairman of the Gold Council. Swiss precious metals association.
President Donald Trump imposed a 39 % tariff on Swiss exports to the United States, clarifying customs protection alone They are not excluded from the definitions. Switzerland is the largest gold refinery in the world.
The valuable Swiss Minerals Association said: “It should be noted that this clarification does not apply exclusively to Switzerland, but to all the bars of 1kg gold and 100 ounces imported to the United States of America from any country.”
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