Gold, silver prices jump to new records on Greenland dispute

Gold and silver prices jumped to all-time highs on Monday as concerns over a US-Europe trade war sparked by America’s efforts to take over Greenland drove investors toward the safe-haven metals.

Spot gold surged nearly 2% to a record $4,690.79 per ounce during the early hours of trading, while spot silver seta new peak of $94.10 per ounce after rising by 5%.

The gains extend the precious metals’ start-to-year rally, with gold now up by 6% since the start of 2026 and silver by 18%...