Trump said he will ask the Supreme Court to "expedite a ruling" on the tariff case, sending gold prices skyrocketing to record highs.

According to the Smart Finance app, on Tuesday, US President Trump stated that he will ask the Supreme Court to expedite the judgement in order to overturn the federal appeals court ruling that most of his import tariffs are illegal. This news has caused market volatility, sparked a surge in safe-haven demand, and led to a record-breaking rise in the price of gold.