Silver price breaks $95 and then slips as Greenland tariff threat fuels haven rush
Spot silver hit a record $95.87 an ounce Tuesday before slipping to $94.60. The surge followed President Trump’s threat of tariffs tied to Greenland, which pushed the dollar down nearly 1% and sent silver-linked ETFs and miners higher. U.S. and European stocks fell as investors cut exposure to U.S. assets. Tariffs are set to start at 10% on Feb. 1 and rise to 25% by June 1.