Record Highs in Gold and Silver Prices Amid US-Europe Trade Tensions Over Greenland Dispute
Gold and silver prices surged to record highs driven by escalating trade tensions between the US and Europe, triggered by President Donald Trump's tariff threats and his push to acquire Greenland. This geopolitical dispute has heightened market uncertainty, leading to a flight to safe-haven assets like precious metals. Stock futures declined as investors reacted to the potential economic impact, while ETFs tracking silver saw significant gains. The European Union is considering retaliatory tariffs, further intensifying the trade conflict and market volatility.