Gold is flying higher — a report of gold-bar tariffs is doing the trick - MarketWatch
1. Gold futures surged as U.S. tariffs on gold bars were reported. 2. The tariff could significantly disrupt gold trade, especially from Switzerland. 3. Swiss exports to the U.S. spiked to 450 tons in Q1 amid tariff concerns. 4. A shift to UAE for gold smelting could lower export volumes to the U.S. 5. Gold prices supported by potential Fed rate cuts and strong Chinese demand.