On February 25, 2026, gold prices surged to a three-week high, reaching $5,152 per ounce, as renewed tariff tensions and uncertainty over U.S. trade policy drove investors toward safe-haven assets. This rally was fueled by the Supreme Court's recent ruling that struck down several of President Trump's tariff measures, causing the dollar to weaken and making gold more affordable for overseas buyers. Trump's immediate response included imposing a blanket 15% levy on imports, which has further complicated the trade landscape. Analysts suggest that gold could see continued upside if geopolitical and economic risks persist, with Jim Wyckoff from Kitco Metals noting that 'there's still ample room for further upside for gold here.' Additionally, silver prices experienced a significant rebound of 9%, indicating a broader shift in market sentiment towards precious metals as a hedge against volatility.
BUSINESS
Gold Prices Surge Amid U.S. Tariff Uncertainty And Rulings
62% NEGATIVE
Gold prices hit a three-week high at $5,152/oz amid tariff tensions and a weakened dollar. Silver rebounded 9%, while soybean futures fell due to export concerns. Market sentiment remains cautious.
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