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US President Donald Trump announced at the World Economic Forum in Davos on Wednesday that the United States seeks to promptly initiate talks to purchase Greenland from Denmark and has no plans to use military force to take control of the island.
Trump subsequently posted on the social media platform TruthSocial that he had decided against implementing tariffs on various European nations in February, having reached an agreement on a framework for continued discussions on Greenland with NATO Secretary General Mark Rutte.
Strained transatlantic relations have resulted in a higher demand for the valuable metal, viewed as a safe-haven investment, causing prices to hit all-time highs.
Goldman Sachs analysts have increased their gold price prediction for 2026 by $500, now estimating it at $5,400 per ounce, due to heightened purchases by individual investors and central banks in emerging markets.
source: marketwatch.com
Trump subsequently posted on the social media platform TruthSocial that he had decided against implementing tariffs on various European nations in February, having reached an agreement on a framework for continued discussions on Greenland with NATO Secretary General Mark Rutte.
Strained transatlantic relations have resulted in a higher demand for the valuable metal, viewed as a safe-haven investment, causing prices to hit all-time highs.
Goldman Sachs analysts have increased their gold price prediction for 2026 by $500, now estimating it at $5,400 per ounce, due to heightened purchases by individual investors and central banks in emerging markets.
source: marketwatch.com
