Bullion values rose to a three-month peak on Tuesday, August 25, 2026. Investors bought the metal due to growing fears over a war involving Iran and concerns about the Trump financial outlook. The price hit its highest mark since mid-May as the U.S. dollar fell.
The drop in the dollar followed the collapse of trade talks with Canada. Meanwhile, pending sanctions against Iran created further friction. In other commodity markets, oil prices pulled back, while London Metal Exchange copper reached a record high.