Gold breaks $4,800 for first time as Greenland tariff fears jolt markets
Spot gold hit a record $4,887.82 an ounce Wednesday as investors sought safety amid U.S.-Europe tariff threats tied to Greenland and rate uncertainty. Silver hovered near its all-time high after topping $95 an ounce Tuesday. Wall Street saw its steepest drop in three months. Bitcoin fell over 3%.