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Gold and silver surge to fresh highs as investors digest Trump’s push for Greenland and flock to safer assets
Gold and silver surged to fresh highs just days after breaking previous records, as investors flock to safe-haven assets amid a choppy geopolitical and economic outlook. U.S. gold futures for February delivery rose 1.71% to $4,674.20 per ounce on Monday, after earlier hitting a record high last week. Spot gold was 1.6% higher at $4,668.14. It comes after U.S. President Donald Trump announced tariffs on goods from eight European countries until a deal for “the Complete and Total purchase of Greenland,” as he ramps up his rhetoric on annexing the Arctic island. “Gold’s rally has been powerful, but it has also ... (full story)
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From msn.com | Jan 18, 2026
Gold and silver jumped to record highs as President Donald Trump’s intensifying push to take Greenland spurred fears of a damaging trade war between the US and Europe. Trump said he would slap tariffs on eight European nations — including France, Germany and the UK — that have opposed his plan to acquire Greenland. The 10% levy will kick in on Feb. 1 and ...
*TRUMP: DONT THINK EU WILL PUSH BACK TOO MUCH ON GREENLAND *TRUMP:WE HAVE TO HAVE GREENLAND *TRUMP: INVITED PUTIN TO BE ON BOARD OF PEACE Trump: What will happen in Davos will be worth watching TRUMP: I KNOW WHO I WANT IN FED TRUMP:WE HAVE TO HAVE GREENLAND
Gold remains firmly bid near record highs as geopolitical risks flare once again, this time driven by President Trump’s latest tariff threats aimed squarely at Europe. With markets already on edge, the timing — just days ahead of the World Economic Forum in Davos — has added another layer of uncertainty to an already fragile global backdrop. Rather than ...
