Bullion values climbed to a three-month high on Tuesday, August 25, 2026. Investors bought the metal due to rising anxieties over a war involving Iran and concerns about the Trump economy. The price hit its top level since mid-May as the U.S. dollar lost value.
The decline in the dollar came after the breakdown of trade talks with Canada. Meanwhile, pending sanctions against Iran increased tension. In other commodity markets, oil prices retreated, while London Metal Exchange copper hit a record high.