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Gold Surges Past $5,100 on Trump Tariff Fears

February 24, 2026·about 17 hours ago·via equiti.com
Gold Surges Past $5,100 on Trump Tariff Fears
Gold futures climb $90 to $5,171 an ounce as investors flock to safe havens amid chaos from President Trump's swift tariff response after the Supreme Court struck down his emergency tariffs. Trump immediately announced 10% global tariffs for 120 days, hiking to 15% the next day, sparking fears of retaliation, supply disruptions, and stagflation that pressure the Fed's rate decisions. Silver powers higher too, hitting near-record levels above $80 on similar tariff jitters and stockpiling rushes.

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