Illya Gerasymchuk
Entrepreneur / Engineer
gold tariffs are unlikely to stay for a long period of time
expect them to be removed and/or heavily reduced soon
just the fact that they happened adds longer-term upside pressure on its price
of course, the markets will be volatile 😄
the tariffs are not on all gold imports - just on a specific configuration - 100oz/1kg bars
this alone won't skyrocket the price of gold, but it adds to the existing breakout pressure