Donald Trump's plan to impose import taxes over Greenland pushed investors toward precious metals.

The United States needs Greenland for national security, the US president noted

President Donald Trump said Friday more tariffs could be coming against countries in opposition of his plan to seize Greenland, a territory of Denmark.

Trump recently hinted that he may pursue a tariff strategy on Greenland similar to the one he used to force foreign countries to change their drug prices.

Losses on stocks likely with precious metals forecast to spike even higher after move to impose 25% levies on European allies

The European Union is having an emergency meeting to devise a response to Trump's tariff threats over Greenland.

Rolling coverage of the latest economic and financial news

Price of gold jumps 1.6% in early trading and dollar falls 4% against safe-haven currencies after US president threatens tariffs on Nato allies

Donald Trump's plan to impose import taxes over Greenland pushed investors toward precious metals.

U.S. gold and silver futures peaked on Monday as investors flock to safe-haven assets.

Europe is weighing up how to counter the US president's move against some of America's closest allies.

Prices for gold and silver stayed near all-time highs even as global stocks and futures sold off amid increasing geopolitical tensions.

FTSE 100 and dollar slide, while gold and silver hit record highs amid uncertainty over global trade

Precious metals prices have continued a historic rally in the first weeks of 2026 as the United States’ push to acquire Greenland fosters global uncertainty, typically a…

Stocks sank on Wall Street after Trump threatened to hit eight European countries with new tariffs as tensions escalate over his attempts to assert American control over Greenland.

Wall Street has its worst day since October as Trump doubles down on threats to take Greenland.

Gold prices climbed to another record of over $4,800 on Wednesday, extending its sharp rally.

Markets jumped after Trump announced his threatened tariffs over Greenland were called off.