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This morning:
- Trump's imposition of a 10% additional tariff on European countries sending troops to Greenland led to new record highs in gold and silver: $4690 and $94 per ounce, respectively.
- Another important piece of news: The US aircraft carrier Abraham Lincoln is approaching the Persian Gulf. Oil prices are currently stable.
- Stock markets are falling amid increased risk: US and European futures fell by about 1%, with a limited recovery seen in Asia. Bitcoin fell by 2.5%. The US is closed today due to a public holiday. A rise in defense stocks worldwide this week would not be surprising.
- The dollar weakened by 0.4% against the safe-haven Swiss franc. It initially gained against the euro before weakening.
#TariffTensionsHitCryptoMarket
#GoldandSilverHitNewHighs
$XAUT
$XAG