Only once in the modern era have the justices taken this long to issue their first decision — and when it came, it wasn’t the hotly anticipated case on President Trump’s tariffs.

The gold market faced significant developments throughout 2025 as participants responded to evolving drivers, including US tariff policies.

The Supreme Court indicated on its website that it has set Friday as an opinion day, suggesting that it will release decisions in argued cases. This will be the first opportunity to hear a ruling on Trump's "Liberation Day" tariffs.

The court, with its conservative majority, pushed decisions on contentious issues like birthright citizenship and President Trump’s tariffs into 2026.