Gold price soars past $4,700 for new record

Gold roared past $4,700 for the first time Tuesday, while silver also set a new milestone, as investors continue to pile into safe havens amid tensions between the US and Europe over Greenland.

Spot gold rose as much as 1.4% to an all-time best $4,749.84 an ounce, taking its gains in 2026 to nearly 8%. Silver notched a new record of $95.89 an ounce, rising almost a quarter this year.

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The latest rally in precious metals...