By Sherin Elizabeth Varghese (Reuters) -Gold prices fell more than 1% on Monday as investors waited for clarity from the White House on potential country-specific tariffs on bullion bars, while focus shifted to U.

Gold futures on Comex were up 0.1% at $3,456.80 an ounce Friday afternoon, retreating from a record high at $3,534.20 an ounce set after a ruling by the U.S. Customs and

Gold held a loss after President Donald Trump said imports of bullion won’t be subject to US tariffs, although traders were still waiting for formal clarification over the policy following a federal ruling last week that sowed chaos and confusion across the market.