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Trump’s No-Tariff Pledge Brings Calm to Gold Market

US gold futures and spot prices have moved back in line after President Trump reassured markets that imported bullion will not face US tariffs. Last week, a surprise ruling from US Customs caused futures prices on COMEX to spike over $100 above London spot prices. Trump’s post, “Gold will not be Tariffed!” helped narrow the gap to about $50, calming traders. Industry leaders welcomed the statement but stressed that only a formal decision will give the gold market complete certainty.

Original Source: Yahoo Finance

999 fine silver bullion bars stacked on a dark surface with an oil refinery glowing at dusk in the background — illustrating why silver price is rising today as falling oil prices ease inflation expectations and drive precious metals higher
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Why Silver Hit $82 Today: Iran, Oil, and the Fed

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999 fine silver bullion bars stacked on a dark surface with an oil refinery glowing at dusk in the background — illustrating why silver price is rising today as falling oil prices ease inflation expectations and drive precious metals higher
News

Why Silver Hit $82 Today: Iran, Oil, and the Fed

Silver hit $82 today — not because of silver news, but because a reported US-Iran peace deal sent oil lower, eased inflation expectations, and reopened the Fed’s path to rate cuts. Here’s the full mechanism behind the move.

Read More »
May 7, 2026
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