United States President Donald Trump has assured that he will not adopt additional gold import tariffs. The statement was made on the social network Truth Social on Monday (11) and gave no details.
The publication came after an official document spread a rumor in the market, making the price of the metal firing. Last week, the US Agency for Customs and Border Protection issued a “decision letter” mentioning that one kilo and 100 ounces would be subject to customs rates.
Last Friday (08), the metal future contracts ended the negotiations in record levels and the international quote accumulated up 2.65%. With the decision, countries such as Switzerland, which is charged at 39% and is a major gold exporter to the United States, will sell the product without additional rates.
