Following the U.S. Supreme Court’s rejection of several tariff measures Donald Trump, uncertainty surrounding the policy outlook has driven investors to seek refuge in precious metals, pushing gold prices higher. Market analyst Kyle Rodda stated, “The return of the Chinese market, coupled with increased policy uncertainty in the U.S., is maintaining the appeal of gold and silver to some extent.”” Meanwhile, two Federal Reserve officials hinted that they have no intention of changing the central bank’s interest rate policy in the short term. The market currently expects three 25-basis-point rate cuts this year. “Gold prices still have ample room to rise, especially if all the factors driving the price higher—such as U.S. fiscal and trade policies, as well as foreign policy—persist.”"On the geopolitical front, Oman’s foreign minister previously stated that the U.S. and Iran will hold a third round of nuclear talks in Geneva on Thursday. As of this writing, spot gold is up over 1%, while spot silver and spot platinum are both up over 4%, and spot palladium is up more than 2%."