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Global gold and silver prices hit high after tariff threat
Daily FT
|January 20, 2026
GOLD and silver prices hit record highs but share prices fell yesterday as investors reacted to the threat by US President Donald Trump to impose fresh tariffs on eight European countries opposed to his proposed takeover of Greenland.
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The price of gold touched $4,689.39 (£3,499) an ounce on Monday, while silver rose to a peak of $94.08 an ounce.
Precious metal are seen as safer assets to hold in times of uncertainty, and the prices of both gold and silver have soared over the past year.
But stock markets in Europe fell as investors worried over the latest increase in geopolitical tensions.
Diese Geschichte stammt aus der January 20, 2026-Ausgabe von Daily FT.
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