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BTCC / BTCC Square / Global Cryptocurrency /
Gold Surges Amid Trade Policy Uncertainty and Weak Dollar

Gold Surges Amid Trade Policy Uncertainty and Weak Dollar

Author:
Global Cryptocurrency
Published:
2026-02-23 09:57:01
17
3
BTCCSquare news:

Gold prices extended their rally for a fourth consecutive session, climbing 0.8% to $5,148.66 an ounce as President Trump's announcement of a 15% global tariff reignited safe-haven demand. The MOVE followed a Supreme Court ruling that invalidated his emergency tariff powers, creating uncertainty around existing trade agreements with the EU, India, and Japan.

The weaker U.S. dollar further bolstered gold's appeal to international buyers. Micro Gold Futures for April 2026 jumped 1.8% to $5,170.19, while silver gained 2.3% to $86.56/oz. The market movement comes against a backdrop of sluggish economic growth, with U.S. GDP expanding just 1.4% in Q4 as inflation remained stubbornly above the Fed's target.

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