Gold, Silver Hit New Global Peaks Amid Trump's Greenland Tariff Threat

• Gold and silver prices surged to new highs in the global market due to US President Donald Trump's tariff threat.
• Trump threatened 10% tariffs on European countries opposing US control over Greenland, effective February 1, 2026.
• Investors flocked to gold and silver as safe-haven assets amidst escalating geopolitical tensions.
• Spot gold reached a record $4689.39 per ounce, while spot silver hit a new high of $94.08 per ounce.
• In India, MCX gold futures rose to Rs 145500 per 10 grams, and silver futures jumped to Rs 301315 per kilogram.

Why It Matters: Global gold and silver prices soared to new peaks driven by Trump's tariff threats and investor flight to safety.