Gold Extends Powerful Rally as Crisis Over Greenland Worsens
Bloomberg.com • • business
Key Points:
- Gold prices continued to rise, driven by increased demand for safe-haven assets amid the Greenland crisis and turmoil in Japanese government debt markets.
- The geopolitical tension escalated as President Donald Trump maintained his interest in acquiring Greenland, sparking international concern.
- Greenland’s prime minister cautioned residents about the potential for a military invasion but noted that such an event was unlikely.
- The situation has heightened global attention ahead of President Trump’s scheduled address at the World Economic Forum in Davos, Switzerland.
