Gold/USD

Marietta, GA

With Section 122's flat 10% tariff expiring on 24 July, the switch to Section 301 and Section 338 tariffs will send the US average import tariff back above 2025's IEEPA-era level to 12.4%, up from a May low of 7.7%. And this time it should stick: Section 301 requires formal USTR investigations and is far harder to challenge in court. History shows these ...

China’s largest banks will begin withdrawing individual investors from precious metals trading linked to the Shanghai Gold Exchange on Friday, July 24, but the approaching deadline may not be as bearish for gold as it first appears. The closure removes a channel used by retail traders to take leveraged or synthetic exposure to gold. At the same time, Hong ...

You can add Tanzania to the list of countries expanding their gold reserves. According to a statement by Bank of Tanzania Governor Emmanuel Tutuba, the country has increased its gold holdings by 28 tonnes over the last 18 months. The newly acquired gold is valued at about $3.68 billion at the current price. Tanzania currently holds around $6 billion in ...

The United States is set to impose new tariffs that could hit dozens of countries soon, trade envoy Jamieson Greer signalled on Tuesday (Jul 21), with President Donald Trump's temporary global levies due to expire this week. The Trump administration has prepared fresh tariffs targeting 60 trading partners over their alleged failures to act against forced ...

Asian investors continued to buy gold in June even as their Western counterparts exited positions, while central bank gold demand around the globe will likely rise and will support gold prices for many years to come, according to precious metals market analysts at Schroders. In their latest monthly gold outlook, Schroders analysts said the market returned ...

Effective August 1st, 2026, all Generic Drugs being brought into the United States will continue to have a TARIFF of ZERO PERCENT for a two year period of time, after which the TARIFF will be raised to 100% for a one year period of time, and 200% thereafter. This is done in order to RESHORE Generic Pharmaceutical Production into America, with a penalty to those Companies that decide not to build Plant and Equipment within the stated period of time given to them. The objective of this Policy is to protect the people of the United States. The Policy on Patented, Branded, or Innovative Drugs, which has been so successful, will remain as is. Pharmaceutical Facilities are being built, at a level never seen before, all over the United States of America. Thank you for your attention to this matter! President DONALD J. TRUMP

As a newly installed chairman takes the helm of the Federal Reserve, US monetary policy remains uncertain amid a soft inflation print and escalating tensions in the Middle East. David Mericle, chief US economist in Goldman Sachs Research, forecasts the Fed to keep interest rates unchanged this year before cutting its policy rate in 2027. He also unpacks the ...

U.S. trade has seen notable growth over the past year, with exports and imports both up 13-14% year-on-year in May (Chart 1). This may sound counterintuitive given the protectionist stance of trade policy under the current administration, but the sectors driving these trends have been subject to specific demand shocks. In the case of exports, higher global ...

August Gold futures posted strong single-session gains as geopolitical tensions in Eastern Europe reinforced safe-haven demand. Recent military escalations between Russia and Ukraine have pushed conflict risks back to the forefront, encouraging investors to maintain elevated gold allocations. However, market expectations for monetary policy are also ...