Joseph Cavatoni

Senior Market Strategist, North America World Gold Council

The Supreme Court’s Review of IEEPA Tariffs: Why it matters to the gold market (or does it?)

The gold market faced significant developments throughout 2025 as participants responded to evolving drivers, including US tariff policies. After considerable uncertainty, the White House clarified that gold imported for investment purposes would be exempt from tariffs under the International Emergency Economic Powers Act (IEEPA).

 Blog Posted 8 hours 26 minutes ago

Weekly Markets Monitor

Weekly Markets Monitor: Risk premium down

Last week, optimism from a US – China tariff truce and easing inflation was tempered by slower US spending, a sharp drop in China’s bank lending, and Japan’s economic slowdown, even as Europe posted strong growth. Moody’s became the last of the three ratings agency to downgrade the credit rating of the US late on Friday. While the technical fallout may be minimal, it could usher in a sentiment hit on Monday.

 Blog Posted 7 months 2 weeks ago

Juan Carlos Artigas

Regional CEO (Americas) and Global Head of Research World Gold Council

John Reade

Senior Market Strategist World Gold Council

You asked, we answered: Is the threat of US tariffs moving the gold market?

The gold market has seen a significant rise in COMEX gold inventories, along with a widening of the spread between futures and spot prices, sparked by tariff uncertainty. This, combined with reports of falling inventories in London, has fuelled speculation about stability in the gold market
Blog Posted 10 months 1 week ago