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What the Trump-Supreme Court Showdown Means for Precious Metals Traders
In a watershed moment for U.S. trade policy — and by extension, global commodity markets — the Supreme Court delivered a 6-3 ruling on February 20 that struck down President Donald Trump's sweeping emergency tariffs, finding they exceeded his legal authority under the International Emergency Economic Powers Act (IEEPA). The decision has sent shockwaves through financial markets, and gold traders would be wise to pay close attention to how this standoff between the executive and judicial branches continues to unfold. Chief Justice John Roberts wrote the majority opinion, with the court applying the "major ... (full story)
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The Trump administration’s Department of Justice is nearing its first big legal deadline in the wake of the U.S. Supreme Court ruling that President Donald Trump’s tariffs issued under the International Emergency Economic Powers Act are illegal. The DOJ needs to weigh in by Friday on one of the first legal fights over refunds in which plaintiffs are asking ...
From raymondjames.com | Feb 26, 2026
Markets could face near-term volatility in the wake of the Supreme Court’s decision to strike down tariffs levied under the Emergency Economic Powers Act (IEEPA). The ruling creates a complex landscape as markets adapt to multiple unresolved issues, including raised global tariffs, investigations and potential refunds. The Supreme Court ruled 6-3 that the ...
Gold edged higher as traders weighed geopolitical tensions in the Middle East and the impact of US tariffs on global trade. Bullion traded near $5,200 an ounce, having gained nearly 6% over the last six sessions, as a buildup of US troops in the Middle East kept global markets on edge. Washington and Iran started a third round of nuclear talks on Thursday, ...
