Gold and silver prices hit high after tariff threat

Key Highlights

• Gold prices hit a record high of $4,689.39 per ounce.
• Silver prices reached $94.08 per ounce.
• The increase in precious metal prices is attributed to market reactions to new tariff threats from the U. S.
• Stock markets in Asia experienced declines, with Japan's Nikkei index down 0.6%.
• The EU is reportedly preparing to retaliate against the tariff threats.