The Customs and Border Protection agency said one-kilo and 100-ounce gold bars should be classified under a customs code subject to levies, the Financial Times reported.
Gold futures prices hit a record high on Friday morning after a report signaled that the U.S. slapped tariffs on imports of one-kilo gold bars.
Gold futures hit a fresh high of $3,534 before paring some gains ahead of the market open, trading at around $3,478. According to documents seen by The Financial Times, the Customs and Border Protection agency said one-kilo and 100-ounce gold bars should be classified under a customs code subject to levies.
Get updates to this developing story directly on Stocktwits.<
Read also: XRP Gains Climb Past Ethereum, Solana, Cardano After Ripple-SEC Legal Battle Ends – Bitcoin Stalls
For updates and corrections, email newsroom[at]stocktwits[dot]com.<
Read Full Article
Read more on Asianet News Network Pvt Ltd
