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.

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 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.