Gold Hits $4,689 and Silver $94 as Trump Plans 2026 Tariffs in Greenland Dispute
On January 19, 2026, gold climbed to $4,689.39/oz and silver reached $94.08/oz after Donald Trump outlined new U.S. tariffs tied to a dispute over Greenland. The plan introduces a 10% levy on goods from eight European countries starting February 1, 2026, rising to 25% from June 1, 2026, alongside weaker European stocks and an upcoming Bank of Japan policy meeting on January 22-23, 2026.