By Polina Devitt LONDON (Reuters) -The White House plans to clarify what its official called misinformation about import tariffs for gold bars amid uncertainty, which saw some industry players pausing deliveries of bullion to the United States.

Gold prices fell from a record high Friday after the White House said it will clarify "misinformation" about the precious metal facing tariffs.

President Trump is expected to issue an executive order soon to clarify the administration’s policy on tariffs on gold bars, a White House official said. “The White House intends to issue an executive order in the near future clarifying misinformation about the tariffing of gold bars and other specialty products,