đ Gold & Silver Surge to Record Highs as Trumpâs Greenland Tariff Threat Sparks SafeâHaven Rally
Gold and silver prices climbed to fresh allâtime peaks as investors rushed into safeâhaven assets amid geopolitical uncertainty triggered by U.S. President Donald Trumpâs threat of tariffs on European nations over Greenland, pushing both metals to historic levels.
Key Facts:
âą Spot gold jumped about 1.6%, hitting around $4,689/oz, while U.S. gold futures also surged.
âą Silver soared over 4% to a record near $94/oz, outperforming gold in the latest move.
âą Markets shifted toward safeâhaven assets as stocks and the U.S. dollar weakened.
Expert Insight:
Escalating trade and geopolitical risks â especially tariff tensions tied to Greenland â have amplified demand for precious metals as investors hedge against market volatility and uncertainty.
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