--- title: "PRECIOUS-Gold climbs to 3-week high as US tariff ruling stokes uncertainty" description: "Gold prices surged to a three-week high, reaching $5,161.64 per ounce, following the U.S. Supreme Court's ruling against President Trump's tariffs, which increased uncertainty in global markets. The r" type: "news" locale: "en" url: "https://longbridge.com/en/news/276562795.md" published_at: "2026-02-23T04:35:07.000Z" --- # PRECIOUS-Gold climbs to 3-week high as US tariff ruling stokes uncertainty > Gold prices surged to a three-week high, reaching $5,161.64 per ounce, following the U.S. Supreme Court's ruling against President Trump's tariffs, which increased uncertainty in global markets. The ruling prompted Trump to raise tariffs on imports from 10% to 15%. Analysts suggest that gold's future performance may depend on ongoing tariff uncertainties and potential U.S. military actions against Iran. Meanwhile, silver also rose over 3% to $87.20 per ounce, reflecting a broader trend of investors seeking safe-haven assets amid market volatility. Gold climbs to highest since January 30, silver up over 3% After court ruling, Trump increases US global tariff rate to 15% Tehran is ready for nuclear concessions if US meets demands (Updates for Asia morning session trade) By Pablo Sinha Feb 23 (Reuters) - Gold prices climbed to a more than 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 (XAU=) climbed 1.1% to $5,161.64 per ounce by 0419 GMT, earlier hitting its highest since January 30. U.S. gold futures (GCcv1) for April delivery were up 2% at $5,183. “The court’s tariff ruling has, aside from earning the ire of the U.S. president, added another layer of uncertainty to global markets with traders again turning to gold as a defensive play,” said Tim Waterer, KCM chief analyst. The U.S. Supreme Court struck down Donald Trump’s sweeping tariffs that he pursued under a law meant for use in national emergencies, handing the Republican president a stinging defeat in a landmark ruling on Friday with major implications for the global economy. After the court ruling, Trump said he would raise a temporary tariff from 10% to 15% on U.S. imports from all countries. Wall Street futures and the dollar slid in Asia on Monday as murkiness around U.S. tariffs revived the “sell America” trade. (MKTS/GLOB) “Whether gold can claw its way back above $5,400 in the near-term may rest on how long tariff uncertainty lingers and whether the U.S. engages in military action against Iran,” Waterer added. Iran has indicated it is prepared to make concessions on its nuclear programme in talks with the U.S. in return for the lifting of sanctions and recognition of its right to enrich uranium, as it seeks to avert a U.S. attack. Meanwhile, data on Friday showed underlying U.S. inflation increased more than expected in December, and signs are pointing to a further acceleration in January, which would strengthen expectations that the Federal Reserve won’t cut interest rates before June. Spot silver (XAG=) climbed 3.1% to $87.20 per ounce, a more than two-week high. Spot platinum (XPT=) edged 0.1% higher to $2,158 per ounce, while palladium (XPD=) slipped 0.1% to $1,747.11. ### Related Stocks - [GBUG.US - Sprott Active Gold & Silver Miners ETF](https://longbridge.com/en/quote/GBUG.US.md) - [159562.CN - ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF](https://longbridge.com/en/quote/159562.CN.md) - [518850.CN - ChinaAMC Gold ETF](https://longbridge.com/en/quote/518850.CN.md) - [600489.CN - ZHONGJIN GOLD](https://longbridge.com/en/quote/600489.CN.md) - [SGOL.US - Abrdn Gold ETF Trust](https://longbridge.com/en/quote/SGOL.US.md) - [RING.US - iShares MSCI Global Gold Miners](https://longbridge.com/en/quote/RING.US.md) - [SLV.US - iShares Silver Tr](https://longbridge.com/en/quote/SLV.US.md) - [SGDJ.US - Sprott JR Gold Miners ETF](https://longbridge.com/en/quote/SGDJ.US.md) - [SLVR.US - Sprott Silver Mnrs & Physical Silver ETF](https://longbridge.com/en/quote/SLVR.US.md) - [DBP.US - Invesco Db Precious Metals ETF](https://longbridge.com/en/quote/DBP.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 美關税政策再添不確定性 美匯指數下挫 金價重越 5100 美元大關 | 美國最高法院裁定川普的關税政策無效，川普威脅對所有進口商品徵收 15% 的全球性關税，導致市場對美國政策的不確定性加劇。美匯指數下跌至 97.4，避險貨幣瑞郎和日圓上漲，金價重返 5100 美元大關，暫報 5162 美元。分析師指出，政策不 | [Link](https://longbridge.com/en/news/276557858.md) | | 投資者如何應對 Artemis Gold（TSXV:ARTG）利潤激增及其新的漸進式分紅政策 | 阿爾忒彌斯黃金公司（Artemis Gold Inc.）報告了顯著的利潤激增，2025 年第四季度淨收入為 1.3348 億加元，而去年則出現虧損。該公司還宣佈將於 2026 年下半年開始實施漸進式分紅政策，基礎分紅為每股 0.05 加元。 | [Link](https://longbridge.com/en/news/276560748.md) | | 美銀：應對地緣需 “交易石油、持有黃金”，美股擺脱低迷需 “兩大外部衝擊” | Hartnett 的最新報告揭示了當前美股最尷尬的處境：基本面雖好但擁擠不堪，資金面開始鬆動且流向海外。面對地緣政治的迷霧與高位震盪的美股，投資者應當短期 “交易石油”，中期 “持有黃金”；而美股若想打破當前 “極度看漲卻又滯漲” 的僵局， | [Link](https://longbridge.com/en/news/276558568.md) | | Jupiter Asset Management Ltd. 在 Equinox Gold 公司 $EQX 中建立了頭寸 | Jupiter Asset Management Ltd. 在第三季度收購了 114,878 股 Equinox Gold Corp.（NYSEAMERICAN:EQX），價值約為 128.7 萬美元，具體信息見其最近的 SEC 文件。其他 | [Link](https://longbridge.com/en/news/276533137.md) | | 關税政策不確定性籠罩市場，現貨黃金站上 5170 美元，韓股高開，油價走低 | 特朗普關税政策再生波瀾，投資者急尋避險資產。現貨黃金站上 5170 美元/盎司，日內漲 1.3%。現貨白銀現報 87.11 美元/盎司，日內漲近 3%。美元/日元下跌 0.5% 至 154.27。韓國首爾綜指漲幅擴大至 2%。日本股市因假期 | [Link](https://longbridge.com/en/news/276550738.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.