Gold fever sweeps markets: historic highs amid "Greenland crisis" and calm on the oil front

Gold fever sweeps markets: historic highs amid "Greenland crisis" and calm on the oil front

Financial markets experienced a wave of sharp fluctuations at the beginning of this week, reshaping investors' priorities globally. While markets were anticipating stability in supply chains, statements from the White House regarding Greenland ignited a new diplomatic crisis with Europe, pushing precious metals to unprecedented historical levels. Meanwhile, energy markets witnessed a price correction driven by signs of de-escalation in Middle Eastern conflicts. First: Gold and Silver... Record Rise in a Time of Uncertainty The surge in gold was not merely a fleeting reaction, but rather a "mass flight" to safe havens. The price of the yellow metal jumped by 1.5%, breaking the $4,689 per ounce mark, a new all-time high. Analysts believe this rise reflects anxieties surrounding the potential outbreak of an unconventional "US-EU" trade war. Silver was not immune to this momentum, achieving exceptional performance with a 3.7% jump to surpass $94. This rally in metals…

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