BlockBeats News, February 20th, according to Bitget’s market data, after the U.S. Supreme Court ruled on Trump’s trade case, the spot gold experienced a large short-term volatility, dropping from $5063.96 per ounce to $4990.9 per ounce, a $73 drop. It has now rebounded to $5052 per ounce, a recovery of about $61 from the low point.
Analyst James Athey pointed out that the market seems uncertain about how to respond to the ruling. The major issue was originally related to tariff refunds.
