Gold and silver prices climbed to fresh record highs today as investors sought safe‑haven assets after US President Donald Trump threatened new tariffs on several European countries over a dispute tied to Greenland. At the Multi Commodity Exchange, MCX gold rose 1.68 per cent to 1,44,905 rupees per 10 grams, while MCX silver rose 4.39 per cent to 3,00,400 rupees per kg. The rally accelerated after Trump threatened escalating duties on imports from eight European nations until the United States is allowed to buy Greenland. The comments prompted European Union envoys to prepare coordinated efforts to dissuade Washington and to ready retaliatory measures if tariffs proceed.
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