Analysts: The negative impact of Trump's tariff ruling is short-lived; the bullish logic for gold remains unchanged.

PANews reported on February 21st that, according to Jinshi, John Weyey, head of commercial hedging at Walsh Trading, stated that gold's price action following the Supreme Court's tariff ruling indicates that while gold appears to have lost a bullish factor, it still possesses ample upward momentum. Gold initially fell sharply after the announcement, but the prevailing bullish sentiment quickly regained control. Gold is still relying on its own momentum to rise, and many market participants will continue to adhere to this strategy until the market provides a reason to be bearish. Over the past six months, market participants have bought gold for a simple reason: it's rising. This is an unprecedented rally, and I believe the market will continue to buy. Even though the tariff ruling has eliminated some uncertainty, gold will continue to rise as other risks remain.