Bullion values rose to a three-month peak on Tuesday, August 25, 2026. Traders poured into the metal due to rising anxieties over a war involving Iran and worries about the Trump financial outlook. The price reached its top level since mid-May as the U.S. dollar fell.
The decline in the dollar came after the breakdown of trade talks with Canada. Meanwhile, pending sanctions against Iran added to market tensions. In other commodity markets, oil prices pulled back, while London Metal Exchange copper hit a new peak.