Gold rises as Trump tariff defeat throws trade deals into doubt - News Summed Up

Gold rises as Trump tariff defeat throws trade deals into doubt


(Feb 23): Gold climbed after a run of three weekly gains, as heightened uncertainty over US trade policy unsettled markets and hurt the dollar. Bullion rose as much as 1.4% toward US$5,180 (RM20,155.38) an ounce. The court ruling has cast doubt over deals the US has negotiated with major trading partners. Gold’s recent run of gains has helped the metal to recover ground following a sudden rout at the turn of the month, which had dragged prices down from a record. Gold rose 1.3% to US$5,174.75 an ounce at 11.02am in Singapore (same time as Malaysia).


Source: The Edge Markets February 23, 2026 05:23 UTC



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