Gold and silver hit record highs as markets reel from Trump’s latest tariff threat

Price of gold jumps 1.6% in early trading and dollar falls 4% against safe-haven currencies after US president threatens tariffs on Nato alliesBusiness live – latest updatesEurope live – latest updatesGold 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. Continue reading...