However,
Martin pfister open buy more:
Gold exports to the United States may not be taxed. Meanwhile, The White House plans to “publish a decree in the near future to clarify the erroneous information concerning the taxation of gold bars”. Furthermore, in particular.
This announcement of a future clarification decree. Moreover, sent Friday by AFP, follows information from American customs which had raised a wind of panic among specialists and on the markets. Consequently, A customs document dated July 31 but made public on Friday indicated that one kilo gold ingots. In addition, those of 100 ounces would be classified as subject to customs duties. For example,
It would actually be a “false information”. said the Bloomberg agency later, based on a declaration of an official who requested anonymity.
The White House plans to make an executive order soon to clarify things. In the meantime. the fears martin pfister open buy more of seeing gold taxed have flown the course of yellow metal on Friday evening to a new record of 3534.10 dollars perce (31.1 g), before falling to 3,461.40 dollars around 8 p.m., after the development.
For Switzerland. a high place in gold refining, a taxation of gold would represent a new blow, when the Confederation was inflicted Thursday of heavy surcharge of 39% on its products entering the United States.
Investors have always held so far that gold was exempt. as well as the pharmaceutical products which are under the threat of a separate surcharge.
Traders hold their breath – Martin pfister open buy more
The Swiss association of manufacturers. traders of precious metals (ASFCMP) had expressed its concern on Friday concerning a possible taxation. A taxation of gold “would make its export to the United States economically non-viable.”
From now on. “dominant opinion was that the precious metals overwhelmed by Swiss refineries and exported to martin pfister open buy more the United States could be dispatched free of customs rights”, estimates the Swiss association of manufacturers and traders of precious metals (ASFCMP), adding that the customs classification of the various gold products was not always precise.
The ridge is in discussions with the Swiss authorities. the London Bullion Market Association (LBMA), the World Gold Council (WGC) and key American entities. It recalls in passing that the sector “does not depend” only on the only “important” Statesunian market.
In front of the media on Friday in Bern. the president of Confederation Karin Keller-Sutter said that Switzerland had been the victim of a bad timing concerning the calculation of its trade surplus of almost $ 40 billion with the United States, which pushed Donald Trump set a 39%customs surcharge. This calculation is based on figures of 2024. the year when Swiss gold exports to the United States were particularly strong due to martin pfister open buy more a demand boosted by the expectations of a tax.
This article was published automatically. Sources: ATS / AWP
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