Silver Prices Hit Record High as US-Europe Tensions Over Greenland Persist

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Silver Prices Hit Record High as US-Europe Tensions Over Greenland Persist

Deep News01-20 07:21

Silver prices surged to a record high, while gold prices fluctuated just below their all-time peaks, as US President Donald Trump's attempt to acquire Greenland intensified investor fears of a potential disruptive trade war between the United States and Europe. During early trading on Tuesday, spot silver climbed to $94.7295 per ounce, surpassing the peak reached on Monday, while gold prices held steady around $4,669 per ounce. The United States has threatened to impose tariffs on eight European nations, including France, Germany, and the United Kingdom, which have opposed its plan to annex Greenland.

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