Gold, silver stocks and ETFs rose in premarket trading. ProShares Ultra Silver rose 5%; Hycroft Mining rose 4%; iShares Silver Trust rose 3%; Endeavour Silver, First Majestic Silver, and Pan American Silver rose 2%; Fortuna Silver Mines rose 1%.
Hecla Mining, Harmony Gold , Agnico Eagle Mines, ProShares Ultra Gold, Kinross, and Coeur Mining rose 2%; Barrick Mining, Newmont Mining, and Gold Trust Ishares rose 1%.
Gold climbed to a three-week high on Monday as uncertainty stoked by the U.S. Supreme Court's decision to strike down a vast swathe of President Donald Trump's tariffs pressured the dollar and pushed investors to the safety of bullion.
Spot gold climbed 0.6% to $5,136.22 per ounce by 0729 GMT, having earlier hit its highest since January 30. U.S. gold futures for April delivery were up 1.5% at $5,157.50.
Spot silver climbed 1.2% to $85.57 per ounce, a more than two-week high.
The U.S. Supreme Court struck down Trump's sweeping tariffs that he pursued under a law meant for use in national emergencies, handing the Republican president a stinging defeat in a landmark ruling on Friday with major implications for the global economy.
After the court ruling, Trump said he would raise a temporary tariff from 10% to 15% on U.S. imports from all countries.
Wall Street futures and the dollar slid in Asia on Monday as murkiness around U.S. tariffs revived the "sell America" trade.
Iran has indicated it is prepared to make concessions on its nuclear programme in talks with the U.S. in return for the lifting of sanctions and recognition of its right to enrich uranium, as it seeks to avert a U.S. attack.
Meanwhile, data on Friday showed that underlying U.S. inflation increased more than expected in December, and signs are pointing to a further acceleration in January, which would strengthen expectations that the Federal Reserve won't cut interest rates before June.
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