深夜，全线大涨！特朗普，重磅宣布！

Group 1: Market Reactions - The geopolitical situation continues to dominate market sentiment, with significant increases in precious metals prices following President Trump's comments about considering limited military action against Iran. Silver prices surged over 8%, while gold prices rose more than 2% [1][2][11] - As of the close on February 20, spot gold was priced at $5,130 per ounce, reflecting a 2.2% increase, while spot silver reached $84.625 per ounce, marking a 7.96% rise [2][11] Group 2: U.S. Tariff Policy - President Trump announced plans to impose an additional 10% tariff on global imports to the U.S. for 150 days, replacing previously deemed illegal emergency tariffs. This new tariff is expected to take effect within approximately three days [1][10] - The U.S. Supreme Court ruled that the International Emergency Economic Powers Act does not authorize the president to impose large-scale tariffs, indicating a significant setback for the Trump administration's tariff policies [10] Group 3: Iran's Nuclear Negotiations - Iranian Foreign Minister Zarif stated that there is no military solution to Iran's peaceful nuclear program, emphasizing that diplomacy is the only viable path forward. Iran is drafting a potential agreement to discuss in upcoming negotiations [1][6][15] - Iran expressed a willingness to resolve issues through negotiation and is preparing to submit a draft agreement to the U.S. within three days [16][17] Group 4: Future Market Outlook - Goldman Sachs projects that gold prices will gradually increase, potentially reaching $5,400 per ounce by the end of 2026, driven by central bank demand and increased private investment [5][14] - The current market dynamics are influenced by rising risk premiums and a weakening dollar, alongside uncertainties in geopolitical and trade relations [4][13]