On February 24, 2026, gold prices fell 1.5% to $5,150.38 per ounce, influenced by a stronger dollar and ongoing uncertainties related to U.S. President Donald Trump's tariff policies. The market has entered a volatile phase following the Supreme Court's decision to strike down Trump's emergency tariffs, resulting in a selloff on Wall Street, with the S&P 500 dropping 1.0% and the Nasdaq Composite falling 1.1%. In Asia, the 30-share BSE Sensex declined 813.13 points, or 0.97%, while the NSE Nifty fell 230.15 points, or 0.89%. Amid these developments, the CBOE Volatility Index rose to 21.01, reflecting heightened market anxiety due to geopolitical tensions, particularly with Iran, as the U.S. State Department withdrew non-essential personnel from its embassy in Lebanon.
BUSINESS
Gold Prices Drop Amid Trump'S Tariff Policy Uncertainty And Market Volatility
67% NEGATIVE
On Feb 24, 2026, gold prices fell 1.5% amid a strong dollar and tariff uncertainties. Wall Street declined, while Chinese stocks rose, reflecting complex global economic dynamics and market volatil...
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