Swiss Gold Association Warns U.S. Tariffs Jeopardise Cast-Gold Exports

The Swiss Gold Association said a recent U.S. tariff clarification on certain cast gold products makes shipping those items to the United States economically unviable. The industry group warned the measure could raise costs to a level where exporters can no longer compete in the U.S. market. Association President noted that Switzerland has long been a key supplier and refining hub for physical gold destined for the United States. He cautioned that the new trade barrier risks disrupting the established supply chain and could slow the broader international movement of physical bullion.