The U.S. Supreme Court is expected to issue one or more rulings on Wednesday in cases already argued before the justices as major legal disputes remain pending including litigation testing the legality of President Donald Trump's global tariffs.

The gold market faced significant developments throughout 2025 as participants responded to evolving drivers, including US tariff policies.

The Supreme Court is poised to rule soon on President Donald Trump’s use of a 1977 emergency wartime law to impose sweeping tariffs on most U.S. countries.

In today’s newsletter: Trump ramps up economic pressure on Iran by announcing a 25% tariff on countries doing business with it. The Supreme Court prepares to weigh oral arguments on transgender student-athletes. And an unlikely presidential ally emerges as the administration rolls out a new economic agenda to address affordability concerns.