AGGRESSIVE BUYING IN GOLD ON TARIFFS AND CHINA, TECH STOCK BUYING CONTINUES ON TRUMP’S PAPER TIGER MOVE
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Gold Tariffs
Please click here for a chart of gold futures (GC_F)
Note the following:
- The chart shows aggressive buying in gold.
- Aggressive buying in gold has been triggered by several factors:
- Concern about tariffs on one kilo gold bars. Expectations have been for no tariffs on gold.
- Switzerland is a major gold refining hub. The President of Switzerland returned from visiting the U.S. without a change in the 39% tariffs. It is not clear how tariffs will impact gold being refined in Switzerland.
August 8, 2025