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.