Trump clarifies on gold tariffs
Edited By WION Video Desk
Published: Aug 12, 2025, 11:14 IST | Updated: Aug 12, 2025, 11:14 IST
US president Donald Trump has eased tensions in the gold market by clarifying that no tariffs will be applied on gold. The prices have been swinging sharply in global markets as investors grapple with a mix of economic uncertainty and shifting expectations for interest rates. After hitting a record high last week, gold fell sharply in the previous session.
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