08th August 2025

Tax on 1 kg gold bars — Trump targets Switzerland

A new blow to the Swiss economy from the President of the United States, who is imposing tariffs on imports of one-kilogram gold bars. The consequences of this strike against the world’s largest refining hub remain uncertain, both for Switzerland and for the global market.
Source: Corriere della Sera

07th August 2025

U.S. jobless claims rise: gold price increases

The yellow metal is nearing session highs after the release of U.S. labor market data, which came in worse than expected. Claims totaled 226,000 in the week ending August 2 — 6,000 above expectations and 7,000 higher than the previous week. Spot gold rose 0.49% to $3,385.86 per ounce.
Source: FXempire

06th August 2025

Gold Prices Slightly Down: Consolidation After Recent Gains

Safe-haven asset prices are slightly down today after three days of gains driven by expectations of a rate cut by the Federal Reserve in September. Spot gold is down 0.2%, at $3,419.02 per ounce.Source: FXempire