Breaking: Trump Tariff Risks Shake Gold and Silver Markets

WITH MARKET ANALYSIS

Tariff Fears Drive New York Premiums Higher

(GFN) Bloomberg reported this afternoon on the rise in gold and silver futures for comex delivery today. Here’s our explanation of that story.

Gold and silver futures in New York surged Wednesday morning as traders reacted to potential tariff measures proposed by U.S. President-elect Donald Trump. The market is pricing in the possibility that tariffs might extend to precious metals, disrupting normal trading dynamics.