Gold Prices Jump After Trump Says He'll Fire Cook. Why It Matters.Stock Market News From Aug. 26, 2025: Dow Rises After Trump Targets CookLast Updated:12 hours agoGold prices were rising Tuesday after President Donald Trump said he would remove Federal Reserve Governor Lisa Cook.Futures climbed 0.2% to $3,424 an ounce in early trading, to trade about 3% off the record high they hit earlier this month.The move came after Trump said he would fire Cook, citing allegations that she submitted fraudulent information on mortgage applications. Cook said in a statement that she would not resign.