(Reuters) - Gold prices surged to a record high above $4,800 per ounce on Wednesday, buoyed by safe-haven demand and a softer dollar as U.S. President Donald Trump's pursuit of Greenland threatened to reignite a trade war with Europe and upend the NATO alliance. Spot gold rose 1.2% to $4,821.26 per ounce by 0226 GMT,...
"Obviously investors are selling the dollar, they're selling treasuries, particularly at the long-end, and buying gold instead because there is greater confidence in gold than in the U. FEDWATCHSpot silver fell 1% to $93.59 an ounce, after hitting a record high of $95.87 on Tuesday.
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People- Donald Trump2
- Rodda2
- Emmanuel Macron
Organisations- Federal Reserve2
- Reuters2
- Trump2
- NATO2
- GMT2
- EU
Places- United States2
- Greenland2
- Europe2
- Arctic
- Davos
Keywords- crosses2
- first2
- ounce2
- gold2
- time2
- reignite
- buoyed
- softer
- surged
- haven
Names and places drawn from every article in this story. The number shows how many of them mentioned it.
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