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Gold Hit By Surprise US Tariffs, Unleashing New Turmoil

Markets

Levin Stamm, Jack Ryan, Jan-Henrik Foerster, Martin Ritchie, Yihui Xie, Sybilla Gross

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August 8, 2025

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Bloomberg

A Trump administration ruling that gold bars will be subject to tariffs stunned traders who had assumed they would be exempted, throwing bullion markets into turmoil.

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