Gold prices rise on fresh Trump tariff jitters

2/23/2026 12:58:00 PM

Gold prices rose for a fourth straight session on Monday, extending last week’s gains, as U.S. President Donald Trump’s fresh global tariffs and a weak dollar lifted bullion’s safe-haven demand.

At 04:45 ET (09:45 GMT), Spot gold gained 0.8% to $5,145.81 an ounce, and U.S. Gold Futures advanced 1.7% to $5,166.81/oz.

The yellow metal climbed more than 1% last week as geopolitical tensions between the U.S. and Iran stoked a risk-averse mood.
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