Gold, Silver Hit Record Highs Amid Global Uncertainty and US Tariffs

• Gold and silver prices surged to record highs in the international spot market due to escalating geopolitical uncertainty.
• US President Donald Trump's controversial talk of buying Greenland and new 10% tariffs on European countries fueled market instability.
• European leaders are planning an urgent conference to discuss potential retaliatory measures, including reciprocal taxes on US imports.
• The Trump administration's attacks on the Federal Reserve also raised concerns about central bank independence, driving investors to precious metals.
• Gold rose 1.57% to $4,665.38 per ounce, while silver gained 4.79% to $93.14 per ounce, as investors sought safe-haven assets.

Why It Matters: Global uncertainty and US trade policies have driven gold and silver prices to unprecedented record highs.