Precious Metals Surge on Trade Jitters **Gold and Silver Reach All-Time Highs** Precious metals rallied to record levels as intensifying trade tensions between the United States and Europe accelerated demand for safe-haven assets. **Key Drivers & Market Impact:** * **Geopolitical Trigger:** Sentiment turned sharply risk-averse following President Trump’s threat to impose new tariffs on European nations regarding the Greenland dispute. * **Asset Performance:** The flight to safety weighed heavily on U.S. stock futures and the U.S. dollar, while gold and silver prices surged in response to the heightened uncertainty.