-
Gold Steadies Near Record High as Greenland Crisis Simmers
Gold was steady near a record high, while silver retreated from an all-time peak, as President Donald Trump’s push to take over Greenland stoked fears of a potential US–Europe trade war. Markets are now waiting to see how Europe will respond after both precious metals surged on Monday following Trump’s pledge to impose tariffs on eight European nations opposing his Greenland ambitions. Gold traded near $4,670 an ounce on Tuesday, while silver briefly touched a record $94.7295 an ounce. The US’ threat toward its NATO allies has rattled markets, buoying demand for havens and reviving the “Sell America” ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From zawya.com | Jan 20, 2026
Gold surged past the $4,700 an ounce mark for the first time on Tuesday, and silver hovered just below a fresh record high, as global tensions sparked yet another rush to safety. Spot gold gained 1.3% to $4,727.99 per ounce by 0910 GMT, having hit an all-time high of $4,731.34, while silver rose 0.7% to $95.34 an ounce, after hitting a record high of ...
From vtmarkets.com | Jan 19, 2026
Gold prices have risen to around $4,670 during the early Asian session on Tuesday. The increase comes after President Trump announced new tariffs on goods from eight European countries, sparking demand for safe-haven assets. These countries include Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland, and the UK. Concerns of a broadened trade ...
From financemagnates.com | Jan 20, 2026
Crypto exchange BingX reported its traditional finance trading product surpassed $1 billion in 24-hour volume, with gold contracts accounting for more than half the total as the precious metal extended gains to test a record $4,722 per ounce. Gold trading on the platform exceeded $500 million within the 24-hour period, driven by heightened demand as ...
