Markets fall and gold and silver hit new highs after Trump’s latest tariff threat

January 19, 2026

US president’s talk of Greenland-linked import taxes also sends dollar sliding 4% against safe-haven currencies

Gold and silver prices have hit record highs and European stock markets have fallen, after the US president, Donald Trump, threatened to impose additional tariffs on eight European countries in an increasingly aggressive attempt to claim Greenland.

Gold rose 1.6% to $4,666 an ounce on Monday morning, after reaching an all-time high of $4,689, as investors turned to safe-haven assets. US gold futures for February gained 1.7% to $4,671.90.

Source: www.theguardian.com

Read full article

Written by: truelightfm

Rate it