Gold rates rose to a three-month peak on Tuesday, August 25, 2026. Investors poured into the metal due to heightened concerns over a war involving Iran and worries about the Trump financial outlook. The price hit its top level since mid-May as the U.S. dollar fell.
The decline in the dollar followed the breakdown of trade talks with Canada. At the same time, upcoming sanctions against Iran added to market tensions. In other commodity markets, oil prices eased, while London Metal Exchange copper hit a record high.