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CommoditiesHigh ImpactUpdated•Originally published 23 February 2026•Updated 23 February 2026•

1 min read

Gold Breaks $5,200 Barrier as Tariff Uncertainty Persists

World map with commodities like oil, gold, coffee, wheat, and metals, overlaid with an upward green arrow and financial charts.

Key Facts

1Gold prices pushed past the $5,100 per ounce mark at the start of the week.

3 months ago

Version History

Version 13 months ago

What changed: Gold prices broke the $5,200 threshold and silver prices tested new session highs amid ongoing tariff concerns.

Gold prices extended their historic rally to break above the $5,200 per ounce level as uncertainty regarding U.S. tariffs continues to drive market sentiment. Silver prices also tested new highs during today's session, reinforcing the strong demand for safe-haven assets. Investors are increasingly utilizing precious metals to hedge against potential inflationary spikes and global trade disruptions. This sustained bullish momentum reflects a broader flight to quality amidst a volatile geopolitical and economic landscape. Analysts suggest that ongoing tariff-related anxieties will continue to provide significant support for XAU/USD and XAG/USD valuations. Market participants remain focused on international trade developments as the primary catalyst for these record-breaking price levels.