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.

The global gold market has been thrown into fresh turmoil after a US government agency indicated that bullion would not be exempt from tariffs.

The White House plans to exempt gold bars from US import tariffs, easing recent market uncertainty. This move impacts global gold prices and has significant effects on Indian investors amid rising demand and price volatility.