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Evening Standard

Anna Wise

Gold prices rise and dollar dips after Trump declares 15% global tariff

Donald Trump Gold United States

Gold prices have risen and the US dollar has dipped after the latest developments on US tariffs (Yui Mok/PA) - (PA Archive)

Gold prices have risen and the US dollar has dipped as uncertainty ripples through global financial markets in the aftermath of the US Supreme Court striking down Donald Trump’s tariff policy.

One expert described the situation as an “unholy mess” after Mr Trump hit back at the ruling and said he was raising the global tariff rate to 15%.

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