Gold futures grew stronger on a record high on Friday after US President Donald Trump imposed tariffs on imported gold bars, a rare move that releases both safe purchases and fresh concerns with supply disruptions to a market that is not accustomed to such trade steps.
The most active exchanged US gold futures contract climbed a high $ 3,534 per Troy ounce after the US Customs and Border Protection confirmed that a kilogram and 100-ounce bar will face reward tariffs.
Tariffs make the gold -imported gold for our consumers more expensive. The pressure of that cost usually promotes futures prices higher than the prices of the area, creating arbitration opportunities for entrepreneurs. Setup can fuel imaginary purchases, but it also sends a geopolitical signal-gold is historically viewed as outside of the trade-war crossfire, which is more like a currency than a competitive product.
The move was noteworthy because most US imports of imports came from Switzerland, which received one of the highest tariff rates under the rule. A sudden increase of costs for that supply can raise the risk of a short squeeze if the delivery is slow.
“Trump’s tariffs on 100-ounce and 1-kilo gold bar Post In X. “Prices can sink while shorts are in a hurry to cover to avoid paying 39% tariffs to import bars from Switzerland if they have long delivery. Even if they do not import, all such bars will trade in premiums.”
The rally arrived at a time when interest rates that headed down to the west and world trade tensions were high, factors that tend to strengthen gold appeal as a store of value during economic uncertainty.
Historically, strong gold rallies are often in conjunction with those obtained in Bitcoin, viewed by some entrepreneurs as an alternative “safe” asset. Tokenized gold products such as Pax Gold
And Tether gold is both moderately higher in the past 24 hours, while Bitcoin has slipped about 1%.
Gold tariffs can also make a case for Bitcoin, which is not subject to customary duties and are sometimes described as “digital gold.” While the metal remains dominant safe property, the latest price climb shows how policy changes can push investors to re-evaluate their choices.
