Shanghai Gold Exchange Gold T+D closed up 0.72% at 930.59 yuan/gram on Aug 7 (Fri); Silver T+D closed up 2.44% at 15,517.0 yuan/kg.

On Aug. 6 President Trump signed an executive order under Section 232 of the Trade Expansion Act of 1962 imposing minimum import prices and additional tariffs on imported polysilicon and derivatives to support U.S. polysilicon, semiconductor and solar supply chains. JinkoSolar said it needs further assessment of the new measures and will communicate after analysis, including reference to third‑party studies. Trina Solar said it mainly sells modules, that polysilicon is only one input, its North American exports are limited and shipments go through partners, so any immediate impact should be small.

Trump, on arms, said the United States has unlimited supply but always wants more.