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Gold futures trade off highs as White House to issue clarification on bullion tariffs

Gold futures climbed to a record high on Friday after a report that the United States had imposed tariffs on imports of 1-kg gold bars, while spot gold stayed on track for a second straight weekly gain on tariff turmoil and U.S. interest rate-cut hopes. Srinophan69 | Moment | Getty Images Gold prices fell from … Read more

U.S. gold demand is ‘sucking’ bullion out of other countries

Osakawayne Studios | Moment | Getty Images Strong U.S. demand for gold is “sucking” bullion out of some countries as traders try to stockpile it before U.S. President Donald Trump’s tariffs on Canada and Mexico kick into high gear. There’s a “glut of gold” in New York’s vaults, Adrian Ash, BullionVault’s director of research, told … Read more

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