How Are Greenland Tariff Threats Pushing Gold and Silver to New Peaks?
Source: Kapitales Research
Highlights:
Safe-haven surge: Gold and silver jumped to record highs at the time of writing as renewed tariff threats linked to Greenland reignited fears of a US–Europe trade war.
Tariffs drive uncertainty: President Donald Trump said the US will impose a 10% tariff from February 1 on imports from eight European countries, rising to 25% in June if no deal is reached.
Risk sentiment weakens: Growing geopolitical tension and a softer US dollar pushed investors toward precious metals as equities faced fresh volatility.
Global markets were rattled as gold and silver prices surged to historic levels amid fresh trade tensions triggered by US President Donald Trump’s tariff threat linked to Greenland, spotlighting renewed geopolitical risk and investor flight to safe-haven assets. At the time of writing, precious metals were trading near all-time highs, reflecting sharp safe-haven demand.
Tariff Threat Sparks Safe-Haven Rally
The US will apply a 10% tariff on imports from eight European countries from February 1, rising to 25% in June if no Greenland deal is reached, President Trump said. These escalating threats have fuelled fears of a potential broader transatlantic trade conflict, boosting precious metal prices.
Gold and Silver Climb Sharply
As investors embraced safety assets, spot gold rallied 1.6% to around $4,666 an ounce, after earlier reaching near $4,690 — a record peak. Silver also saw significant gains, rising over 3% and pushing above the $93 mark, with intraday highs near $94. These levels mark unprecedented price territory as geopolitical concerns mount.
Global Market Mood Turns Cautious
European leaders swiftly condemned the tariff threats, with some discussing possible countermeasures and retaliatory tariffs on US goods. Amid this backdrop, equities in Europe and Asia weakened, and the US dollar softened against major currencies, adding to the safe-haven appeal of bullion.
Outlook Amid Continued Uncertainty
Analysts say the renewed trade tensions — coming after a period of relative calm in 2025 — have reignited risk aversion, with precious metals benefiting most from the shift in sentiment. As global investors digest these developments, gold and silver prices may remain elevated while geopolitical risks persist.
Disclaimer for Kapitales Research
The materials provided by Kapitales Research, including articles, news, data, reports, opinions, images, charts, and videos ("Content"), are intended for personal, non-commercial use only. The primary goal of this Content is to educate and inform readers. This Content is not meant to offer financial advice, nor does it include any recommendation or opinion that should be relied upon for making financial decisions. Certain Content on this platform may be sponsored or unsponsored, but it does not serve as a solicitation or endorsement to buy, sell, or hold any securities, nor does it encourage any specific investment activities. Kapitales Research is not authorized to provide investment advice, and we strongly advise users to seek guidance from a qualified financial professional, such as a financial advisor or stockbroker, before making any investment choices. Kapitales Research disclaims all liability for any direct, indirect, incidental, or consequential damages arising from the use of the Content, which is provided without any warranties. The opinions expressed by contributors or guests are their own and do not necessarily reflect the views of Kapitales Research. Media such as images or music used on this platform are either owned by Kapitales Research, sourced through paid subscriptions, or believed to be in the public domain. We have made reasonable efforts to credit sources where appropriate. Kapitales Research does not claim ownership of any third-party media unless explicitly stated otherwise.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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How Are Greenland Tariff Threats Pushing Gold and Silver to New Peaks?
Highlights:
Global markets were rattled as gold and silver prices surged to historic levels amid fresh trade tensions triggered by US President Donald Trump’s tariff threat linked to Greenland, spotlighting renewed geopolitical risk and investor flight to safe-haven assets. At the time of writing, precious metals were trading near all-time highs, reflecting sharp safe-haven demand.
Tariff Threat Sparks Safe-Haven Rally
The US will apply a 10% tariff on imports from eight European countries from February 1, rising to 25% in June if no Greenland deal is reached, President Trump said. These escalating threats have fuelled fears of a potential broader transatlantic trade conflict, boosting precious metal prices.
Gold and Silver Climb Sharply
As investors embraced safety assets, spot gold rallied 1.6% to around $4,666 an ounce, after earlier reaching near $4,690 — a record peak. Silver also saw significant gains, rising over 3% and pushing above the $93 mark, with intraday highs near $94. These levels mark unprecedented price territory as geopolitical concerns mount.
Global Market Mood Turns Cautious
European leaders swiftly condemned the tariff threats, with some discussing possible countermeasures and retaliatory tariffs on US goods. Amid this backdrop, equities in Europe and Asia weakened, and the US dollar softened against major currencies, adding to the safe-haven appeal of bullion.
Outlook Amid Continued Uncertainty
Analysts say the renewed trade tensions — coming after a period of relative calm in 2025 — have reignited risk aversion, with precious metals benefiting most from the shift in sentiment. As global investors digest these developments, gold and silver prices may remain elevated while geopolitical risks persist.
Disclaimer for Kapitales Research
The materials provided by Kapitales Research, including articles, news, data, reports, opinions, images, charts, and videos ("Content"), are intended for personal, non-commercial use only. The primary goal of this Content is to educate and inform readers. This Content is not meant to offer financial advice, nor does it include any recommendation or opinion that should be relied upon for making financial decisions. Certain Content on this platform may be sponsored or unsponsored, but it does not serve as a solicitation or endorsement to buy, sell, or hold any securities, nor does it encourage any specific investment activities. Kapitales Research is not authorized to provide investment advice, and we strongly advise users to seek guidance from a qualified financial professional, such as a financial advisor or stockbroker, before making any investment choices. Kapitales Research disclaims all liability for any direct, indirect, incidental, or consequential damages arising from the use of the Content, which is provided without any warranties. The opinions expressed by contributors or guests are their own and do not necessarily reflect the views of Kapitales Research. Media such as images or music used on this platform are either owned by Kapitales Research, sourced through paid subscriptions, or believed to be in the public domain. We have made reasonable efforts to credit sources where appropriate. Kapitales Research does not claim ownership of any third-party media unless explicitly stated otherwise.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au