Gold prices surged to their highest level in three weeks as the US Supreme Court's decision to strike down President Trump's tariffs created significant market uncertainty.

Gold prices surged to their highest level in three weeks as the US Supreme Court's decision to strike down President Trump's tariffs created significant market uncertainty. Spot gold climbed 1.1 percent to $5,161.64 per ounce, while April gold futures rose 2 percent to $5,183. The court's landmark ruling has intensified global market volatility, prompting investors to seek the safety of bullion as a defensive investment. The dollar weakened following the decision, further supporting gold's upward momentum. This development reflects broader concerns about trade policy direction and economic stability. Additionally, recent inflation data showing higher than expected increases in December has strengthened expectations that the Federal Reserve will maintain higher interest rates longer than previously anticipated, which typically supports gold prices as investors seek protection against curr