Greenland, Gold
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Greenland, NATO and Trump
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Trump’s Greenland deal removes tariff premium while hot PCE inflation data looms. Fed unlikely to cut rates soon; gold correction may test $4712 Pivot.
Greenland’s mineral resources hold massive economic potential, but accessing them isn’t easy President Donald Trump’s desire to claim Greenland for the U.S. has thrust the island’s wealth of natural resources firmly into the spotlight.
Gold prices climbed to another record of over $4,800 on Wednesday, extending its sharp rally.
Gold hit record $4888.55 on Trump’s Greenland threat but trimmed gains after deal emerged. FOMO drove rally; analysts eye $4712.52 support as premium cools.
U.S. stock futures were little changed Thursday evening after Wall Street logged a second consecutive day of gains, as investors reacted to President Donald Trump's decision to pull back tariff threats against the European Union following a framework agreement on expanded U.
U.S. gold and silver futures peaked on Monday as investors flock to safe-haven assets.
Gold and silver futures fell after President Trump said he had reached the "framework" of a deal over Greenland and that previously threatened tariffs would not be imposed.
President Donald Trump’s latest tariff threats against Europe are pushing investors toward safe-haven assets and away from riskier bets like Bitcoin.
Gold and oil fall as Greenland and Iran tensions ease; silver holds near record highs; markets evaluate supply/demand outlook.