Recent decision by President Trump's administration to exempt gold from tariffs has significantly impacted the market, leading to price surges and shifts in investment sentiments.
Announcement by President Trump
In 2025, President Trump announced that gold is exempt from recent tariffs. This decision aims to stabilize markets and supply chains in the country.
Market Reactions to Gold
The exemption led to a price gap between U.S. and London markets, pushing gold's value to a record $3,331.74 per ounce. This price surge reflected immediate reactions from investors and central banks.
Long-term Investment Consequences
Experts believe that this decision may also impact digital gold tokens like PAXG and XAUT if real-world gold prices experience volatility. Interest in alternative assets may shift towards gold.
In conclusion, the exemption of gold from tariffs has influenced the market, causing price increases and shifting investor approaches. The repercussions of this move will be felt in both traditional and digital realms.