Gold, Silver Hit Record Highs Amid Geopolitical Tensions, Greenland Tariff Threats

• Gold and silver prices reached new record levels on Tuesday due to increasing demand for safe-haven investments.
• Geopolitical tensions, including new threats over Greenland and ongoing instability, fueled the surge in precious metals.
• Spot gold crossed $4,700 per ounce for the first time, hitting a record high of $4,750.49, while silver touched $95.87.
• Analysts attribute the rally to investors hedging against political risks and a weakening dollar, with targets of $4,800, $4,900, and $5,000 for gold.
• Wall Street opened lower as President Donald Trump's tariff threats against Europe over Greenland escalated investor jitters.

Why It Matters: Gold and silver prices soared to new records driven by geopolitical tensions and safe-haven demand.