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.

President Trump will soon issue an executive order clarifying which tariffs apply to imports of gold bars, a White House official said, after Customs and Border Protection found them to be eligible for high levies.