A weak US Dollar and speculation that the Federal Reserve will be lowering interest rates in September took the Gold price up to $3,370 in London this morning... Barry Stuppler
The U.S. Bureau of Labor Statistics reported this morning that the Consumer Price Index (CPI) increased 0.2% in July, after a 0.3% increase in June... Barry Stuppler
Last Friday’s Gold trading started with the Financial Times reporting that the U.S. Customs and Border Protection agency stated that one-kilogram and 100-ounce bars of Gold are indeed subject to 39% reciprocal tariffs... Barry Stuppler
This morning, Gold traders are still waiting for clarity from Trump on Gold bars and many of the key economic indicators coming this week... Barry Stuppler
This morning, the U.S. Customs and Border Protection agency has clarified that Kilo and 100-ounce Gold bars from Switzerland, London, and Hong Kong will have a tariff... Barry Stuppler