Gold, Silver Jump to Record Highs on Trump Tariff Threats

WORLDWIDE – Gold and silver prices have surged to record highs as investors rushed to safe-haven assets amid rising geopolitical tensions.

The spike follows fresh tariff threats from U.S. President Donald Trump, who vowed to impose additional duties on European countries over control of Greenland.

Spot gold jumped more than one-and-a-half percent to a new all-time high, while silver climbed more than four percent, also setting a record.

Meanwhile, European Union ambassadors say they are stepping up diplomatic efforts to deter the tariffs while preparing retaliatory measures if talks fail.