Bullion values surged to a three-month high on Tuesday, August 25, 2026. Investors poured into the metal due to heightened concerns over a war involving Iran and worries about the Trump financial outlook. The price hit its top level since mid-May as the U.S. dollar lost value.
The decline in the dollar followed the collapse of trade talks with Canada. At the same time, upcoming sanctions against Iran added to market tensions. In other commodity markets, oil prices eased, while London Metal Exchange copper reached a new peak.