Washington, Aug 8, 2025 (AFP) - US to clarify gold tariff 'misinformation' as futures hit record

NAMPA / AFP
2025-08-08
The price of gold on the US futures market hit a record high before pulling back Friday, as worries flared over whether President Donald Trump's latest wave of tariff hikes would apply to certain gold bars. US customs authorities issued a letter saying that gold bars at two standard weights -- one kilogram and 100 ounces (2.8 kilos) -- should be classified as subject to tariffs, threatening to upend global trade of the precious metal. But followi......
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