Gold and silver market update — April 21, 2026 In this update: Five stories made headlines this week that have nothing obvious to do with gold — tariff refunds, Apple’s leadership change, a weakening dollar, Canada’s political shift, and an AI productivity bust. Together, they are gold structural tailwinds. Here’s what each one means. Who’s Actually Getting the $166 Billion in Tariff Refunds? Not you. The US government opened a refund portal this week for $166 billion in tariff money — duties the Supreme Court struck down as unconstitutional in February. Over 56,000 importers have now registered, claiming $127 billion in Phase 1 alone. However, the refunds