Gold Rises as Trump Tariff Defeat Throws Trade Deals Into Doubt
Yahoo Finance·2026-02-23 10:47
Gold climbed after a run of three weekly gains, as heightened uncertainty over US trade policy unsettled markets and hurt the dollar. Bullion rose as much as 1.4% toward $5,180 an ounce. President Donald Trump said Saturday he would impose a global tariff of 15% to preserve measures after the Supreme Court ruled against his use of emergency powers to set duties. A weaker dollar made the metal cheaper for many buyers. Most Read from Bloomberg The Supreme Court decision could have implications for the US ...