Trump announces that gold imports will be exempt from tariffs. The price of gold experiences the biggest single-day drop in nearly three months.

Zhitong Finance APP learned that on Monday, US President Trump posted on social media, stating "Gold will not be subjected to tariffs!" This brought temporary relief to the global gold market, which had been thrown into chaos due to the uncertainty of tariff policies. However, before this announcement, the price of gold had already experienced its largest single-day drop in nearly three months.