British News Agency

The world's largest gold bullion seller, JPMorgan, has announced that it will deliver raw materials for contracts expiring in February. According to the banking giant, JPMorgan plans to deliver over 937 tons of gold worth $4 billion to New York before the anticipated tariff hike on Saturday, imposed as part of Trump's trade-balancing strategy.

According to The Guardian, this delivery comes as gold prices reach $2,813 per ounce, marking the second-largest delivery notification recorded in stock market data since 1994.

Experts also highlight that the fear of tariffs has made air shipping silver to the U.S. more profitable. Normally, silver is transported by sea as it is considered a cheaper and more suitable method for large volumes.

The gold shipment is just one of many signals that Trump's tariff threats are reshaping global trade. There are concerns that these measures could worsen inflation in the U.S. and test the patience of its allies.