Silver Rises Over 120% YTD  Invest Now  arrow small top right

close

(888) 319-8166

Sign In
Sign In

$80 Billion Gold Rush to US Markets Halts After Tariff Exemption

Published: 04-03-2025, 01:45 pm | Updated: 04-03-2025, 07:53 am

The massive flow of gold and silver into the US has abruptly ended following exemptions to Donald Trump’s tariffs on precious metals.

For months, fears of potential tariffs created unusually high price premiums in New York compared to global markets, incentivizing traders to ship over $80 billion worth of bullion to the US.

This arbitrage opportunity distorted US trade data, even contributing to a record trade deficit in January. After the exemption announcement, price differentials collapsed immediately – the gap between US and London gold prices dropped from $62 to $23 per ounce, while silver’s premium fell from over $1 to just 24 cents.

US precious metal inventories had reached all-time highs, with gold stocks up 26.5 million ounces and silver up 174.6 million ounces since November.

Original Source: Reuters

Gold coins resting on a financial bar chart, illustrating why strong GDP data affects the gold price
News

Q1 GDP Beat. Jobless Claims Beat. Gold Rose. Here’s Why.

Strong GDP data is actually bad news for gold’s paper price. When the economy grows faster than expected, the Federal Reserve gains permission to raise interest rates — and higher rates increase the cost of holding non-yielding assets like gold. Here’s the mechanism, what June 25’s triple data release confirmed, and what it leaves unchanged for long-term holders.

Read More »
June 25, 2026
GoldSilver video thumbnail showing hosts Maggie Lake and Tavi Costa with the text "Miners Are Printing Money" against a backdrop of gold bars, silver coins, a mining excavator, and a falling stock chart
Videos

Why Is Silver’s Mining Margin So Wide? Tavi Costa Explains

Silver’s recent price drop looks significant. The math behind it tells a different story. Macro strategist Tavi Costa breaks down why the $46 spread between silver’s spot price and its average mining cost is the widest in recorded history — and why that number matters far more than where silver traded last week.

Read More »
June 25, 2026
Hands in business attire holding a 999.9 fine gold bar on a trading floor, illustrating the divergence between gold ETF outflows and central bank gold buying in 2026
News

298 Tonnes of ETF Gold Is Underwater. Central Banks Aren’t.

Approximately 298 tonnes of gold inside ETFs is currently held at a loss at current price levels — a structural ceiling on any near-term recovery. At the same time, the WGC’s 2026 survey found a record 45% of central banks plan to add to their reserves. Two markets. One metal. Very different time horizons.

Read More »
June 25, 2026

Latest News

News
Q1 GDP Beat. Jobless Claims Beat. Gold Rose. Here’s Why.
Read More
Articles
Gold Has a 0% Risk Weight and an 85% Funding Penalty. Banks Are Finally Asking Why.
Read More
News
PCE Hit 4.1%. Gold Went Up. Here’s Why.
Read More
Gold coins resting on a financial bar chart, illustrating why strong GDP data affects the gold price
News

Q1 GDP Beat. Jobless Claims Beat. Gold Rose. Here’s Why.

Strong GDP data is actually bad news for gold’s paper price. When the economy grows faster than expected, the Federal Reserve gains permission to raise interest rates — and higher rates increase the cost of holding non-yielding assets like gold. Here’s the mechanism, what June 25’s triple data release confirmed, and what it leaves unchanged for long-term holders.

Read More »
June 25, 2026
GoldSilver video thumbnail showing hosts Maggie Lake and Tavi Costa with the text "Miners Are Printing Money" against a backdrop of gold bars, silver coins, a mining excavator, and a falling stock chart
Videos

Why Is Silver’s Mining Margin So Wide? Tavi Costa Explains

Silver’s recent price drop looks significant. The math behind it tells a different story. Macro strategist Tavi Costa breaks down why the $46 spread between silver’s spot price and its average mining cost is the widest in recorded history — and why that number matters far more than where silver traded last week.

Read More »
June 25, 2026
Load More

(888) 319-8166

Create An Account

Mary

Samantha is wonderful. I was nervous about spending a chunk of money. I asked her to `hold my hand’ and walk me through making my purchase.  
She laughed and guided me through, step by step. She was so helpful in explaining everything... 

A. Howard

Travis was amazing! I was having difficulty with a wire transfer of my life’s savings, and I was very worried that I might not be able to receive it all. My husband just passed away and I’ve been worried about these funds along with grieving for 8 months. As soon as I got connected with Travis, my concerns were immediately addressed and he put me at ease. The issue was resolved within days. He even called me back with updates to keep me in the loop about what was going on with the funds. I am so grateful for a customer representative like Travis. He really cares for his clients.

Sam was also very helpful! I called and was connected to Sam within 30 seconds. She helped me with a fee that was charged to my account. She had a great attitude and took care of the fee quickly.

talk to us

Get in Touch with GoldSilver Experts

    Michael G.

    Outstanding quality and customer service. I first discovered Mike Maloney through his “Secrets of Money” video series. It was an excellent precious metals education. I was a financial advisor and it really helped me learn more about wealth protection. I used this knowledge to help protect my clients retirements. I purchase my precious metals through goldsilver.com. It is easy, fast and convenient. I also invested my IRA’s and utilize their excellent storage options. Bottom line, Mike and his team have earned my trust. I continue to invest in wealth protection and my own education. I give back and help others see the opportunities to invest in precious metals. Thank you.