Bullion values rose to a three-month high on Tuesday, August 25, 2026. Investors bought 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 weakened.
The drop in the dollar came after the collapse of trade talks with Canada. At the same time, pending sanctions against Iran added to market tensions. Elsewhere in commodities, oil prices pulled back, while London Metal Exchange copper reached a record high.