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Gold, Silver Rates Today LIVE: Gold, silver prices hit record highs on Trump Greenland tariff threats

Gold and silver prices surged to record highs amid escalating trade tensions following US President Donald Trump's threats to impose tariffs on several European countries over his Greenland acquisition plan. Spot gold reached $4,670.01 per ounce, while silver peaked at $93.85 per ounce, driven by safe-haven buying as fears of a trade war loomed.

Gold, Silver Rates Today LIVE: Gold, silver prices hit record highs on Trump Greenland tariff threats

Credit: Livemint

Key Highlights

  • Gold price hit a record high of $4,689.39 per ounce.
  • Silver price reached a record high of $94.08 per ounce.
  • Trump announced a 10% tariff on goods from France, Germany, and the UK, increasing to 25% in June.
  • European leaders are preparing counter-measures against US tariffs.
  • The US dollar index fell by 0.19%, supporting precious metal prices.
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Sources

  1. Gold, Silver Rates Today LIVE: Gold, silver prices hit record highs on Trump Greenland tariff threats
  2. Gold and Silver Hit Record Highs on Greenland Tariff Threats

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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