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.
This article was written by Greg Michalowski at investinglive.com.
