Gold and Silver Prices Soar After US Tariff Announcements and Supreme Court Ruling

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Gold, Silver Soar After US Tariff News, Global Markets in Turmoil

Gold Silver Price after US Tariff news

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CNBC Awaaz•21-02-2026, 10:28

Gold, Silver Soar After US Tariff News, Global Markets in Turmoil

•Gold and silver prices surged following US President Donald Trump's new global tariff announcement and a US Supreme Court decision.
•Spot gold rose 1.5% to $5071.48 per ounce; US gold futures for April delivery closed up 1.7% at $5080.90.
•Spot silver jumped 5.8% to $82.92 per ounce, with platinum and palladium also seeing significant gains.
•The US Supreme Court declared broad global tariffs under IEEPA illegal, leading Trump to announce a new 10% global tariff for 150 days.
•Market volatility is expected to continue as investors seek safe-haven assets amid economic uncertainty and persistent inflation.

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