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Spot gold hits a record $4,689 per ounce, silver $94 per ounce. Trump announced a 10% tariff on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland starting February 1, 2026, rising to 25% in June until the Greenland purchase agreement is reached. European stock markets fell: DAX -1.1%, CAC 40 -1.3%.