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U.S. gold futures for December delivery were up 0.9% at $3,484.10, after hitting an all-time high of $3,534.10 (momentarily).
Still going strong at $3505!
The price spread between New York futures and spot prices widened by more than $100 after the Financial Times reported on Thursday that the United States had imposed tariffs on imports of 1-kg gold bars, citing a letter from Customs and Border Protection.
This is interesting for Bitcoin because, I don't see any tariffs threat looming above it for now. It's time the world should understand how much better is Bitcoin than Gold.
lol so we can’t import gold without paying a tariff first?
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Yes, it'll be deemed illegal andone can face criminal charges..haha.
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