Gold price breaks $4,700 record as Trump’s Greenland tariff threat drives safety bid
Gold surged past $4,700 an ounce Tuesday, hitting a record $4,731.34 as investors responded to new U.S. tariff threats on Europe. The dollar fell for a second day, while European stocks slipped and U.S. Treasury yields reached a four-month high. EU leaders plan an emergency summit Thursday to discuss retaliation. Traders increased hedging ahead of the February tariff deadline.