Gold and Silver Jump to Record Highs on Greenland Tariff Threats
Yahoo Finance·2026-01-19 18:12

(Bloomberg) — Gold (GC=F) and silver (SI=F) jumped to record highs as President Donald Trump’s intensifying push to take over Greenland fueled fears of a damaging trade war between the US and Europe. Spot gold rose as much as 2.1% to near $4,700 an ounce, while silver surged as much as 4.4% as Trump’s aggression weighed on the dollar and buoyed demand for havens. The US will slap tariffs on eight European nations — including France, Germany and the UK — that oppose the plan to acquire Greenland. Most Re ...

Gold and Silver Jump to Record Highs on Greenland Tariff Threats - Reportify