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Gold, Silver, Crude Oil
Last Friday, Trump was just ruled by the Supreme Court to have violated the law with his emergency powers to implement a comprehensive tariff. Over the weekend, Trump used Section 122 of the Trade Act of 1974 to impose a temporary global import tariff: initially 10%, then raised to 15% (the legal maximum).
Effective from today (February 24) at midnight, with a validity of 150 days. This tariff covers almost all countries' imports (with some exemptions, such as certain key minerals, energy, agricultural products, pharmaceuticals, automobiles, etc.).
Refer to the chart below.
Gold: Safe-haven demand, briefly surged to around $5,230+ today.
Silver: Dual attributes of industrial use and safe-haven, showing a clear upward trend in recent days.
Crude Oil: Inflation expectations + geopolitical risk premium double impact, continuing to fluctuate at high levels, with obvious upward momentum.