US President Donald Trump announced that imports of gold will not face US tariffs, offering a reprieve to the market after a federal ruling sparked chaos and confusion in global bullion markets. The statement came as traders and investors breathed a sigh of relief following a recent court decision that had threatened to impose tariffs on gold imports.
Source: https://www.bloomberg.com/news/articles/2025-08-11/trump-says-gold-imports-will-not-face-us-tariffs