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Gold Prices Settle Lower After Trump Clarifies Metal 'Will Not Be Tariffed'
Gold futures settled lower Monday afternoon even after a post on President Trump's Truth Social account clarified that the metal won't be subject to tariffs. Most-active gold futures trading in New York settled down 2.5% in trading, closing at 1:30 p.m. ET--around the same time as Trump's post Monday afternoon--at $3,404.70 a troy ounce.
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This is the second gold tariff scare. The first one occurred after the election. The difference is that, then, there was time ...
President Donald Trump said Monday in a Truth Social post that there will be no tariffs on gold after last week's wild gold ...
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