Ammon News - Gold and silver prices climbed fresh peaks on Monday, as investors flocked to safe-haven assets on intensifying tensions, after U.S. President Donald Trump threatened to impose extra tariffs on European countries over the control of Greenland.
Spot gold rose 1.5% to $4,663.37 per ounce by 0335 GMT, after scaling an all-time high of $4,689.39.
U.S. gold futures for February delivery jumped 1.6% to $4,669.90 per ounce.
Spot silver advanced 3.3% to $92.93 per ounce, after hitting a record high of $94.08.
In other precious metals, spot platinum added 0.9% to $2,348.32 per ounce, while palladium rose 0.5% to $1,808.46 per ounce.
Reuters
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