Commodities
Gold’s Price Disruption Eases as Trump Tariff Trade ‘Exhausted’
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Gold’s extreme price dislocations are fading as tightness in the physical market eases, indicating a rush to ship bullion to America may have run its course.
US prices surged above international benchmarks in recent months amid fears gold could be included in President Donald Trump’s sweeping tariff measures. The price differential between New York’s Comex and the London spot market created a lucrative arbitrage opportunity for traders, fueling a worldwide dash to send the metal to America to capture the premium.