
Tariff Threat Sparks Gold, Silver Price Surge
Gold and silver prices surged to record highs of $4,689.39 and $94.08 per ounce, respectively, as investors sought safe-haven assets amid escalating geopolitical tensions spurred by President Trump's tariff threats against eight European countries. The proposed tariffs, initially at 10% but potentially rising to 25%, are in response to opposition to the US's proposed Greenland takeover, triggering market uncertainty and a flight to precious metals, which saw gold prices increase by 60% last year. The EU is reportedly considering retaliatory tariffs of €80 billion on US imports.

















Discussion
Join the conversation
Be the first to comment