Sudden Market Shift: Gold Sinks $100, Silver Down by 7% as Trump Excludes ‘Bullion’ from US Trade Tariffs

In a surprising turn of events, Gold takes a $100 dive and Silver drops by 7 percent as President Donald Trump decides to exempt ‘Bullion’ from US trade tariffs. The news deliver a sudden jolt to the precious metal market, with investors and trader scrambling to adjust their positions. The decision to exclude bullion from tariffs is projection of the administration’s long-term strategic goal of strengthening domestic industries. With this exemption, bullion – a form of gold or silver in bulk before coining – will likely see an uptick in demand. Despite the current dip, market analysts expect the metals to rebound as the revised trade policy comes into effect. Read More