Gold and silver hit record highs as Greenland dispute spurs safe-haven buying
Government
Gold and silver hit record highs on Monday, driven by a flight to safety after President Trump warned of extra tariffs on some European countries in a dispute over Greenland. Spot gold jumped 1.7% to $4,672.49 an ounce by early afternoon, after scaling a record peak of $4,689.39. US gold futures for February delivery advanced 1.8% to $4,677.70 an ounce. Trump threatened several European allies with a series of escalating tariffs on Saturday unless the US is allowed to buy Greenland,
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