---
title: "\"Commodity\" Uncertainty of Trump's Tariffs Increases, Gold Prices Reach Three-Week High"
description: "After U.S. President Trump raised tariffs following the Supreme Court's ruling that his earlier tariff measures were invalid, safe-haven demand surged, causing gold prices to rise nearly 2%, reaching "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/276630416.md"
published_at: "2026-02-23T17:36:29.000Z"
---

# "Commodity" Uncertainty of Trump's Tariffs Increases, Gold Prices Reach Three-Week High

> After U.S. President Trump raised tariffs following the Supreme Court's ruling that his earlier tariff measures were invalid, safe-haven demand surged, causing gold prices to rise nearly 2%, reaching a three-week high. Spot gold rose to USD 5,210 per ounce, April gold rose to USD 5,228 per ounce, and March silver prices increased by 5% to USD 86.5 per ounce. In contrast, March copper, April platinum, and March palladium prices saw a decline

After the U.S. Supreme Court ruled that President Trump's earlier tariff measures were invalid, he raised tariffs, leading to a surge in safe-haven demand, with gold prices rising nearly 2% on Monday to reach their highest level in three weeks.

Spot gold rose by $103 or 2% to $5,210 per ounce. April futures gold rose by $147 or 3% to $5,228 per ounce.

March silver prices increased by 5% to $86.5 per ounce.

March copper prices fell by 1.2% to $5.77 per pound.

April platinum prices fell by 1.3% to $2,147 per ounce.

March palladium prices fell by 0.2% to $1,776 per ounce

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.