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FX Daily Updates
US imposes tariffs on one-kilo gold bars, FT reports
georgemiller
Publish Date: Thu, 07 Aug 2025, 20:47 PM

WASHINGTON, Aug 7 (Reuters) - The United States has imposed tariffs on imports of one-kilo gold bars, the Financial Times reported on Thursday, citing a letter from Customs Border Protection.
The letter - dated July 31 - said one-kilo and 100 ounce gold bars should be classified under a customs code subject to levels, according to the newspaper, which added that the move could impact Switzerland, the world's largest refining hub.
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https://www.reuters.com/world/europe/us-imposes-tariffs-one-kilo-gold-bars-ft-reports-2025-08-07/