
Silver Rises to Record as US-EU Tensions Over Greenland Persist
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Silver prices have surged to a record high, while gold is trading near its all-time peak. This spike in precious metals is largely attributed to rising tensions between the US and Europe, particularly President Donald Trump's controversial interest in acquiring Greenland. Investors are reacting to the potential for a significant trade conflict, driving demand for safe-haven assets like silver and gold.
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The interest in Greenland stems from its strategic resources and geopolitical significance, which has historically been a point of contention. The current administration's aggressive stance has heightened fears of economic retaliation from Europe, potentially leading to a trade war that could disrupt global markets.
This article is for informational purposes only and does not constitute financial advice.
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