Trump says gold will not be tariffed

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An worker handles 1 kilogram golden bullions astatine the YLG Bullion International Co. office successful Bangkok, Thailand, connected Friday, Dec. 22, 2023. 

Chalinee Thirasupa | Bloomberg | Getty Images

President Donald Trump said Monday that golden volition not look tariffs.

Gold futures closed astatine a grounds precocious Friday connected reports that the precious metallic would look duties. U.S. Customs and Border Protection reportedly said golden bars were not excluded from Trump's reciprocal tariffs.

The White House connected Friday said it would contented an enforcement bid that clarifies "misinformation" astir tariffing golden bars and different specialty products.

"Gold volition not beryllium Tariffed!," Trump said successful a Truth Social station Monday.

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