No end in sight for gold tariffs

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Kathmandu Nepal
Donnerstag, Aug. 14, 2025
It is well known that the price of gold has risen sharply since the beginning of 2025. This was and continues to be driven by US trade policy and expectations of key interest rate cuts. Apparently, gold import classifications are not entirely straightforward. Discrepancies may arise between interpretations of tariffs and their implementation. This could influence the price of gold, and there has been enough unrest on the gold market already. We are still waiting for a more or less announced implementing regulation. This should clear up any ambiguities. Then we will see exactly what the situation is regarding import duties on gold. The most commonly traded item on the Comex is the one-kilogram bar. However, delivery standards in London and New York differ, so bars are often remelted in Switzerland. Tariffs on one-kilogram and 100-ounce bars would have had a significant impact on the futures market in New York. Whatever the final outcome of the gold tariff issue, it will not change the strong demand from investors and central banks. Geopolitical risks, de-dollarization trends, and the urge for safe investments such as gold will continue.
Gold has gained around 29 percent in value since the beginning of the year. Even though central bank gold purchases have weakened somewhat, this has been offset by investment demand. The bullion and coin sector was also strong. According to the World Gold Council, total gold demand rose by around 3 percent in the second quarter compared to the same quarter last year, despite the high gold price. Well-positioned gold companies are also of interest to investors alongside physical gold. Examples include Goldshore Resources and Southern Cross Gold Consolidated.
Goldshore Resources – https://www.commodity-tv.com/play/goldshore-resources-more-exploration-to-increase-the-674-million-oz-gold-resource-in-canada/ – owns the advanced Moss Gold Project in Ontario. The project is 100 percent owned, has excellent infrastructure and has produced very good drill results.
Southern Cross Gold Consolidated – https://www.commodity-tv.com/play/southern-cross-gold-200000m-drill-program-to-significantly-increase-the-resource-target/ – owns the Sunday Creek project in Australia. It contains gold and antimony. Excellent drilling results are already available.
Current company information and press releases from Southern Cross Gold Consolidated (- http://www.resource-capital.ch/de/unternehmen/mawson-gold-ltd/ -) and Goldshore Resources (- http://www.resource-capital.ch/de/unternehmen/goldshore-resources-inc/ -).
Sources: https://www.fondsprofessionell.de/news/maerkte/headline/trump-stellt-klar-gold-wird-nicht-mit-zoellen-belegt-243674/; World Gold Council: https://www.gold.org/news-and-events/press-releases/strong-investor-interest-drives-gold-demand-higher
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