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Gold Rises to Record High as Crisis Over Greenland Worsens
Gold and platinum rose to fresh records — while silver was near an all-time peak — as the worsening crisis over Greenland and a meltdown in Japanese government debt supported haven demand. President Donald Trump, who is in Switzerland for the World Economic Forum at Davos, showed no signs of backing down on his Greenland grab. That prompted the Arctic island’s prime minister to warn the population of a possible military invasion, though he added it was an unlikely scenario. Spot gold rallied to a record of $4,844.1 an ounce, while platinum surged to an all-time high of $2,511.10 an ounce before giving up its ... (full story)
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