Friday, gold contracts on gold reached a record level after the American president Donald Trump imposed prices on imported gold bars, a rare decision causing both security purchases and new concerns concerning the disruption of supply in an unusual market to such commercial measures.
The most actively negotiated US golden contract has reached $ 3,534 The Troy’s ounce after customs and the protection of the American borders confirmed that the bars of one kilogram and 100 ounces would be confronted at reciprocal rates.
The prices make gold imported more expensive for American buyers. This cost pressure generally transforms higher -term prices than cash prices, creating arbitration opportunities for merchants. The configuration can supply speculative purchases, but it also sends a geopolitical signal – gold has historically been considered as external trade fires, more similar to a currency than a competitive product.
This decision is notable because most American imports come from Switzerland, which have received one of the highest pricing rates under politics. A sudden increase in the costs of this offer could increase the risk of short pressure if the deliveries are slow.
“Trump’s prices on the 100 ounce gold bars and 1 kilo could wreak havoc on the comex,” said Bitcoin’s critic and Gold Lawy Peter Schiff in an article on X. “Prices could skyrocket while shorts rush to avoid having to pay 39% tariffs to import bars from Switzerland if long.
The rally arrives at a time when the interest rates down down in the West and in world trade are already high, the factors that tend to strengthen the attraction of gold as a reserve of value during economic uncertainty.
Historically, strong gold gatherings have often coincided with Bitcoin gains, which some traders consider another asset “in Haven”. Tokenized gold products such as Pax Gold
And the gold of the attachment was both modestly higher in the last 24 hours, while Bitcoin slipped by about 1%.
Gold prices could also plead in favor of Bitcoin, which is not subject to customs tasks and is sometimes described as “digital gold”. While the metal remains the dominant security asset, the last price wave shows how policy changes can push investors to reassess their options.
