Gold prices surged to a three-month high on Tuesday, August 25, 2026. Investors poured into the metal due to growing fears over a war involving Iran and worries about the Trump economy. The price reached its highest mark since mid-May as the U.S. dollar lost value.
The drop in the dollar followed the collapse of trade talks with Canada. At the same time, pending sanctions against Iran created further friction. Elsewhere in commodities, oil prices eased, while London Metal Exchange copper hit a new peak.