Gold Futures Hit Record on Us Tariffs, Possibly Boosting SAFE-HAVEN CASE FOR BITCOIN

The MOST ACTIVELY TRADED US GOLD FUTures Contract ClimBed As HighBed As $ 3,534 per Troy Option after US Customms and Border Protection ConfirMed that One-Kilogram

Tariffs Make Imported Gold More Expensive for US Buyers. That cost pressure typically pushes Futures prices Higher than Spot prices, Creating Arbitrage Opportunities for Traders. The Setup Can Fuel Speculatory Buying, But Its Sends A Geoplitical Signal-Gold Has Historically Been Been Viewed As Outside Trade-War Crossfire, More Akin to Akin.

The Move Is Notable Because MOST US GOLD IMPORTS Come from Switzerland, Which Received One of the Highest Tariff Rates Under the Policy. A suudden increase in costs for that Supple could raise the risk of a short squeeze if deliveries slaw.

“Trump’s Tariffs On 100-Open and 1-Kilo Gold Bars Could Wreak Havoc on the Comex,“ Bitcoin Critic and Gold Advocate Peter Schiff Sand in To pay 39% Tariffs to Import Bars from Switzerland if Longs Take Delivery.

The Rally Comes at A Time When Interest Rates Headed Lower in the West and Global Trade Tensions Are Already High, Factors That Tend To Strenguten Gold’s Appeal As a store.

Historically, Strong Gold Rallies have a gaves in bitcoin, which some traders View as an alternative “SAFE-HAVEN” asset. TKENIZED GOLD PRODUCTS SUCH AS PAX GOLD

and Tether Gold

Were Both Modestly Higher Over The Past 24 Hours, While Bitcoin Slipped About 1%.

Tariffs on Gold Could Also Make the Case for Bitcoin, WHICH IS NOT SUBJECT TO CUSTOMS DUTIES AND IS SOMETIMES Described as “Digital Gold.” While the Metal Remains the Dominant Safe-Haven Asset, The Latest Price Surge Shows How Policy Changes Can Push Investors to Reasses their Options.

BOTH SPOT GOLD PRICES AND GOLD FUTures FELL DURING US AfterNoon Trading on Thursday after Be Subject to Tariffs, Calling Earlier News “MISINFORMATION” REGARDING The TARIFFS.

Update (AUG 8, 18:23 UTC): Adds Paragraph at the End About A White House Official Telling Bloomberg That The President Will Post An Executive Order to Exempt Gold Bars from Tariffs.