Trump Says Gold Imports Won’t Be Tariffed in Reprieve for Market

President Donald Trump said Monday imports of gold will not face US tariffs, weighing in after a federal ruling caused chaos and confusion in global bullion markets.

“Gold will not be Tariffed!” Trump posted on social media.

Gold futures traded on New York’s Comex and the global benchmark for spot prices in London were little-changed after Trump’s post. Spot gold pared some losses, though it was still down more than 1.2% on the day.

No formal, updated policy had yet been posted by US agencies as of Monday afternoon.

A White House official suggested last week ...