Tariffs are essentially taxes that are paid by U.S.-based importing companies, which then pass the extra expenses along to the end consumer. Historically, faster inflation has boosted investor demand for gold, which crossed above $1,320 an ounce on Monday for the first time since late March.
Tariffs are essentially taxes that are paid by U.S.-based importing companies, which then pass the extra expenses along to the end consumer. Historically, faster inflation has boosted investor demand for gold, which crossed above $1,320 an ounce on Monday for the first time since late March.
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