Gold prices climb as tariff uncertainty and Iran tensions boost demand

Gold prices rose on February 25, 2026, as spot gold moved above the $5,000 level, driven by a softer U.S. dollar and heightened safe-haven demand. This upward momentum was mirrored across the broader precious-metals sector, with silver, platinum and palladium reaching multi-week highs. The Silver, platinum and palladium markets have seen significant activity following a period of intensifying uncertainty regarding trade policies in the US US and escalating friction between Washington and the government of Iran IR.