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CNBC: Gold and silver surge to fresh highs as investors digest Trump’s push for Greenland and flock to safer assets

CNBC: Gold and silver surge to fresh highs as investors digest Trump’s push for Greenland and flock to safer assets

 

Article by Tasmin Lockwood in CNBC

 

Gold and silver surged to fresh highs just days after breaking previous records, as investors flock to safe-haven assets amid a choppy geopolitical and economic ‍outlook.

U.S. gold futures for February delivery rose 1.71% to $4,674.20 per ounce on Monday, after earlier hitting a record high last week. Spot gold was 1.6% higher at $4,668.14.

It comes after U.S. President Donald Trump announced tariffs on goods from eight European countries until a deal for “the Complete and Total purchase of Greenland,” as he ramps up his rhetoric on annexing the Arctic island.

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Although the information in this commentary has been obtained from sources believed to be reliable, The Gold IRA Company does not guarantee its accuracy and such information may be incomplete or condensed. The opinions expressed are subject to change without notice. The Gold IRA Company will not be liable for any errors or omissions in this information nor for the availability of this information. All content provided on this blog is for informational purposes only and should not be used to make buy or sell decisions for any type of precious metals.