Gold prices have been skyrocketing for the past year. Especially since the price of 10 grams of gold has reached one lakh rupees, even the common man is holding his head that gold has gained wings. Even on important occasions, there has been a situation where it is not possible to buy it based on price. In addition to this, new news has come to the fore that tariffs will also be imposed on gold. If tariffs are imposed on gold, its price will increase further, so that not only the common man but also the rich will not be able to buy it. Moreover, when opinions are being expressed that gold will no longer become like grapes that are not available to everyone, it can be said that US President Trump's decision to impose tariffs on gold has brought some relief.
This time, after coming to power as the President of the united states again, trump is focusing on all issues. As part of that, US President donald trump is imposing huge tariffs on goods imported from various countries. Will the tariff increase also apply to imported gold bars in this order? Or not? This is causing doubts among everyone. Moreover, while everyone is eagerly waiting for Trump's decision on this, trump clarified that he will not impose tariffs.
Everyone is expressing happiness after knowing this. In a statement released by the US Customs Department last week on the same issue, 100 ounces (2.8 kg) of gold bars, in addition to one kilogram, will come under the scope of tariffs. A white house official made comments saying that trump will issue an executive order to provide clarity on the imposition of tariffs on gold, which has caused further confusion in the market circles. Against this backdrop, the price of gold has also reached its highest level. However, it can be said that Trump's post on his Truth social media that there will be no tariffs on gold immediately brought some relief to everyone. It is especially noteworthy that after Trump's decision, the price fell by about $ 50 per ounce.

Also, while President trump recently decided to impose a 39% tariff on gold imported from Switzerland, it is also unclear whether gold products imported from many countries will be exempted from the retaliatory tariffs. In general, clarity is still to be obtained on which regions will not be subject to this tariff. Let's see if trump will give any clarity on this soon.
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Sowmiya Sriram

12/08/2025 12:46 PM