As Trump Threatens Iran With 'Really Bad' Consequences, Gold And Polymarket Odds Surge - SPDR Gold Shares (ARCA:GLD), Goldman Sachs Group (NYSE:GS)
Benzinga·2026-02-20 19:47
The SPDR Gold Trust (NYSE:GLD) is up almost 2% on Friday as two major catalysts collidePresident Donald Trump moved swiftly Friday to counter a landmark Supreme Court ruling, announcing he would sign an executive order imposing a 10% global tariff, stacking it on top of all existing tariffs already in place.The announcement came hours after the Supreme Court dealt Trump a stinging 6-3 defeat, ruling that his sweeping “reciprocal” tariffs, imposed under the International Emergency Economic Powers Act (IEEPA) ...