Americas Gold And Silver Corporation rose 1.38% in after-hours trading, following a record high in U.S. gold futures due to reports of tariffs on gold imports. The price of gold futures surged by 1.4%, reaching an all-time high of over $3,500, while spot gold held steady for a second straight weekly gain, up about 1%. The price spread between New York futures and spot prices also widened by more than $100. The price changes come after the Financial Times reported the new tariffs, citing a letter from U.S. Customs and Border Protection.
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