Trump Confirms No Tariffs on Gold Amid Market Turmoil

According to BlockBeats, U.S. President Donald Trump announced on Monday that there will be no tariffs imposed on gold, following a U.S. federal ruling that caused disruption in the global gold market. Despite Trump's statement, gold futures on the New York Commodity Exchange showed little change, while spot gold regained some ground but remained down by over 1% for the day. As of Monday afternoon local time, U.S. agencies had not released any official updates on the latest policy.