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The Independent UK
The Independent UK
Nicole Wootton-Cane

Gold and silver soar to record highs amid Trump tariff threat

Gold and silver prices have jumped to record highs as the markets react to Donald Trump’s threat of additional tariffs over Greenland.

European stock markets fell on Monday as investors turned to safe-haven assets amid the turbulent geopolitical landscape. Meanwhile, gold rose 1.6 per cent to $4,666 (£3,481.14) an ounce after reaching a peak at $4,689 (£3,498.30). Silver also reached a record high of $94.08 (£70.19) an ounce before falling back down to $93.15 (£69.50).

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