What did the Supreme Court ruling change for tariffs?

The 6-3 Supreme Court ruling struck down broad Trump tariffs and limited IEEPA’s use for sweeping trade taxes. This curbs a president’s ability to impose global levies without Congress. The shift raises legal and policy uncertainty, which can affect risk appetite, the U.S. dollar, and by extension India’s gold rate today and local premiums.

How could potential trade refunds influence gold prices in India?

If refunds run into billions, corporate cash flows and market positioning could shift. A smooth process may calm risk and soften bullion. A messy, contested process could lift safe-haven demand. In either case, USD/INR and local premiums will transmit global moves into Indian quotes, moving the gold rate today near term.

What indicators should Indian buyers track daily?

Watch USD/INR, international spot gold, and local city premiums. Track U.S. policy headlines on Trump tariffs, yields, and inflation data. Check domestic factors like festival demand, import flows, and RBI actions. These inputs, plus GST and making charges, set your final bill even when the global move seems small.

Should I buy gold now or wait for clarity?

Use staggered purchases instead of timing a single entry. Split buys across dates to average the gold rate today. Compare making charges and insist on BIS hallmarking. Investors can use ETFs or SGBs to avoid fabrication costs. Keep goals in mind, and avoid over-allocating during headline-driven spikes.

Law and Government

Gold Rate Today, February 22: SCOTUS Tariff Shock Resets Trade Risk

ByHuzaifa Zahoor February 21, 2026February 21, 2026

Gold rate today in India is sensitive to global trade shocks. A 6-3 U.S. Supreme Court ruling struck down Trump tariffs and limited IEEPA use for sweeping trade taxes, with a dissent warning of potential billions in trade refunds. Donald Trump vowed to pursue alternative tariffs. This raises policy and inflation risk that can lift safe-haven demand and move the rupee. We explain what changed, why it matters for Indian buyers, and how to plan purchases in INR during uncertainty.