Gold records best week since 2008 as Greenland crisis rattles dollar
Precious metal closes in on $5,000 and silver tops $100 as Trump’s shortlived tariffs threat sparks rush to safe havens
Precious metal closes in on $5,000 and silver tops $100 as Trump’s shortlived tariffs threat sparks rush to safe havens

Euro and sterling gain against US currency despite potential economic damage from new American tariffs

Metal has gained more than 20% this year amid geopolitical volatility and questions over US currency

Unexpected levy from Trump administration could redraw trade in the metal, analysts and investors warn

US moves on Greenland may have boosted traditional havens such as precious metals but the developing world is on a roll

Shares in Danish territory’s biggest bank have risen 33% this week

European leaders criticise stance on Arctic island, with French president taking aim at ‘useless aggressivity’