Trump's New 15% Tariff Decision Rattles Markets: Gold and Silver Surge

New Tariff Decision and Market Impacts U.S.
President Donald Trump’s announcement of a new 15% global customs duty, following the Supreme Court's ruling that previous tariff policies were illegal, triggered sharp fluctuations in markets on the first trading day of the week.
Based on the 1974 Trade Act, which allows for import restrictions for up to 150 days, this new regulation has reignited global trade uncertainty.
Safe Haven Demand in Commodity Markets Heightened risk perception has driven investors toward safe-haven assets.
Analysts identify the $5,400 level as a critical short-term threshold for gold, while spot silver prices rose by over 3% to reach the $87 level.
Financial institutions such as BMO state that current risks are strengthening the "bull case" for gold.
Weakening Dollar and Reshaping Tax Rates A "sell U.S.
According to a report by Morgan Stanley economists, the new 15% base tariff rate will reduce the weighted average tax on Asian goods from 20% to 17%.
The tax rate applied to China is expected to decrease from 32% to 24%.
Experts anticipate that this reduction may limit the pressure on equities, though short-term volatility is expected to persist.
Cautious Stance in Stock Markets and Bond Yields Equity markets began the new week under selling pressure.
futures indices saw the S&P 500 decline by 0.5% and the Nasdaq 100 by 0.7%.
The 10-year U.S.
Treasury yield fell to 4.07% as investors turned to bonds as a safe haven.
In Europe, the Stoxx Europe 600 index lost approximately 0.3%.
Technology stocks led the sell-off, while the banking sector showed a more resilient stance.
In Germany, 10-year bond yields retreated to 2.74%, with pressure on exporting companies expected to continue until trade policies become clearer.