From Bloomberg:
The Trump administration suggested it would issue a new policy clarifying that imports of gold bars should not face tariffs, after the government stunned traders by ruling that they would be subject to duties.Comex gold futures surged to a new all-time high earlier in the day, but has since come off. The recent news sent the price down to test the rising 100-hour MA at $3446.10, but buyers have against the level and pushed the price back higher price and string $3464.
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