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Gold Futures Just Hit a Record High. Possible U.S. Tariffs Could Shake Metal Markets up Further

Summary by CNBC
A ruling from the U.S. Customs and Border Protection agency surprised gold markets on Friday, sending prices higher.

6 Articles

The price of gold on the local market was relatively stable during Saturday's dealings, in conjunction with the weekly weekend of the Global Stock Exchange, after the ounce achieved a weekly gain of 1% at the close of yesterday's dealings on Friday, amid a marked wave of price fluctuations in recent days, following the announcement by the U.S. administration of customs duties on gold bars, before they returned and denied it.

US customs officials want to levy duties on imports of gold bars and bricks, a move that could disrupt international trade, analysts and precious metals traders say.

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seznamzpravy.cz broke the news in on Friday, August 8, 2025.
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