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18 April 2024

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Gold climbs to 3-week high as US tariff ruling stokes uncertainty

23-02-2026 10:12 AM


Ammon News - Gold climbed to a three-week high on Monday as uncertainty stoked by the U.S. Supreme Court's decision to strike down a vast swathe of President Donald Trump's tariffs pressured the dollar and pushed investors to the safety of bullion.

Spot gold climbed 1.1% to $5,158.29 per ounce by 0558 GMT, having earlier hit its highest since January 30. U.S. gold futures for April delivery were up 2% at $5,180.40.

Spot silver climbed 2.9% to $86.98 per ounce, a more than two-week high.

Spot platinum edged 0.1% higher to $2,158.55 per ounce, while palladium slipped 0.2% to $1,745.09.

Reuters




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