US EditionGold, silver hit records and stocks fall as Trump fans trade fears
Gold and silver soared as President Trump threatened tariffs on eight European countries over Greenland dispute, intensifying trade tensions and boosting safe-haven demand, reports show.
- On Monday, gold peaked at $4,690.59 and silver struck $94.12 as most global equity markets fell across Tokyo, Hong Kong, Shanghai, Sydney, Singapore and Wellington while the dollar retreated.
- After talks failed on Saturday, President Donald Trump threatened tariffs on eight countries, starting at 10 percent from February 1 and rising to 25 percent from June 1 if they reject Greenland takeover.
25 Articles
25 Articles
Silver price breaches Rs 3,00,000 per-kg mark, gold at record high on MCX | Check city-wise rates
Rates of precious metals in futures trade skyrocketed on Monday, January 19, 2026, fueled by a strong shift toward safe-haven assets amid renewed trade tensions between the US and Europe. The gold February 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 804 at Rs 1,43,321 per 10 grams against the previous close of Rs 1,42,517. However, it rebounded to hit an all-time high of Rs 1,45,500, a jump of Rs 2,983. Last seen, t…
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Gold, silver hit records and stocks fall as Trump fans trade fears
Gold and silver hit record highs Monday while most equity markets fell after Donald Trump revived trade war fears by threatening several European nations with tariffs over their opposition to the United States buying Greenland.
The Economic Times
Business TimesGold, silver jump to record highs on Trump tariff threats over Greenland
Gold and silver prices reached record highs as escalating U.S.-Europe trade tensions drove investors to safe-haven assets. President Trump's threat of new tariffs on European countries over Greenland prompted a broad risk-averse market move, with U.S. stock futures and the dollar sliding.
Gold and silver prices soared to record highs on Monday as markets reacted to renewed concerns about tariffs and a resurgence of a trade war. The rise came after US President Donald Trump threatened to impose tariffs on leading European countries in response to their opposition to US plans to take control of Greenland. The tension led to a massive shift by investors towards safe havens in early Asian trading. Gold hit a new record, reaching $4,6…
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