Gold prices rose to a three-month peak on Tuesday, August 25, 2026. Buyers poured into the metal due to rising anxieties over a war involving Iran and worries about the Trump economy. The price reached 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, pending sanctions against Iran increased tension. Elsewhere in commodities, oil prices eased, while London Metal Exchange copper reached a record high.