Fundamental analysis by اقتصادی و بورس about Stock ذوب on 8/8/2025

#America_Berob_Tean_Stan_Swasy_Themia_Community/ Shock to the World Yellow Metal Market The World Gold Market saw one of the biggest commercial shocks of the year on Friday; The United States has seriously disrupted the export route of the precious metal from Switzerland to the US market by imposing tariffs on one -kilo and 5 -ounce gold bars. This move, which is adopted on July 6, based on the official letter of the US Customs and Border Protection, puts the bulls under the customs code that is subject to public tariffs; While industry activists have previously expected these products to be included in tariffs. One -kilo, the most common form of gold in the New York Campus futures markets is the bulk of Switzerland's gold exports to the United States. Following the news of the US Customs decision by the Financial Times, December Gold Future contracts in the commerce reached an unprecedented jump of $ 5 per ounce. This decision is made in the wake of Washington and Bern. Last week, the US government imposed a 5 % tariff on imports from Switzerland; A move, according to Christopher Wilde, president of the Swiss Precious Metal Manufacturers' Association, has "inflicted a new blow" to the country's gold trade with the United States and makes it difficult to supply the market. 🔺 In the past months, as the Trump administration's "freedom day" tariffs were announced, traders transferred an unprecedented volume of gold to the United States to move forward against possible restrictions; The accumulation of these reserves led to a temporary shortage of gold in London. However, at that time a number of gold customs classifications were exempt from tariffs, which market participants saw as large bars. The structure of the World Gold Trade is mainly trilateral: large 5 ounces from London to New York from Switzerland; In Switzerland, these bullion melts and become smaller molds of one kilo or 2 ounces to be traded in the US market. The global price of gold has grown by about 2 % since the beginning of the year; Concerns about inflation, rising levels of government debt and weakening the US dollar as a global reserve currency have been the main causes of the uptrend. Customs data show that Switzerland has exported $ 1.5 billion in gold to the United States during the six months ending June, with a new 2 percent tariff now subject to about $ 5 billion in double taxes. Valdy emphasizes that the dominant understanding was that the gold melted in the Swiss refineries and exported to the United States was exempt from tariffs; But customs codes for different gold products have always been ambiguous. Some Swiss refineries have been consulting with legal advisers for months to determine the exemption. Two refineries have also said they have temporarily reduced or stopped export to the United States because of this ambiguity. 🔺 According to the official US Customs Statute, one -kilo and 2 -ounce bullions are classified under code 7108.13.5500 and are subject to tariffs; While the only code 7108.12.10 is exempt from this tax. This sudden change not only complicates the path of gold trade between the two countries, but can also affect the global flow of precious metals.