Gold price hits three-month high amid fears over Iran war and Trump economy - The Guardian

Latest News About Gold prices jump to three month peak as dollar drops

Bullion values climbed to a three-month high on Tuesday, August 25, 2026. Traders turned to gold due to rising anxieties over a war involving Iran and concerns about the Trump financial outlook. The price reached its highest mark since mid-May as the U.S. dollar lost value.

The decline in the dollar came after the breakdown of trade talks with Canada. At the same time, pending sanctions against Iran increased tension. Elsewhere in commodities, oil prices eased, while London Metal Exchange copper reached a new peak.

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