21 Feb 2026 | 3 Mins Read
Gold Price Surges on Weak US Data and Trade Tensions
Flipitmoney
Gold prices rose 1.5% to $5,071.48 an ounce, driven by weaker-than-expected U.S. GDP data and President Donald Trump's plan to impose a 10% global tariff for 150 days. U.S. gold futures settled 1.7% higher at $5,080.90. Investors expect potential rate cuts and low interest rates to support gold prices.