$PAXG

Gold soared to a new all-time high today Wednesday, surpassing 5,500 dollars per ounce, as leaders in Davos await the arrival of United States President Donald Trump at the Swiss summit.

As the EU and the United States continue to clash over Trump's plans to acquire Greenland, the precious metal has risen by more than 2%, with investors seeking a safe haven for their money amid the return of tariff threats. Silver, for its part, gained 0.44% to 95.055 dollars.