The oil price has turned positive after falling earlier, while spot gold is still down 1.2%.
The White House intends to issue an executive order “clarifying misinformation” about tariffs on gold bars and other specialty productions.
Gold futures hit a record high on Friday on news of US import tariffs on one-kilo bars of gold, according to a ruling on the US customs and border protection service’s website. The ruling referred to cast gold bars form Switzerland, the world’s biggest bullion refining and transit hub, which is now subject to Trump’s import tariffs of 39%.
Bitcoin and ethereum have risen, targeting all-time highs.
