Silver Rises Over 120% YTD 
The White House plans to issue an executive order to clarify confusion about gold bar tariffs after the U.S. Customs and Border Protection indicated that popular 1-kilogram and 100-ounce gold bars would be subject to country-specific import tariffs.
This ruling stunned the gold industry, with Switzerland facing a potential 39% tariff, prompting some companies to pause gold deliveries to the U.S.
The White House called the tariff concerns “misinformation” and promised clarification, causing gold futures to pare gains after initially hitting record highs. The uncertainty has disrupted global gold supply chains between major hubs in Switzerland, London, and New York.
