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Wilson: Gold Thrives on Uncertainty
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Why This Matters
Gold and silver prices surged to record highs following President Trump's announcement of tariffs on European allies opposing US plans for Greenland, indicating a safe-haven asset response to market uncertainty.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Gold and silver jumped to record highs after President Trump announced tariffs on 8 European allies that are opposing US plans to take over Greenland. David Wilson, Director of Commodities Strategy at BNP Paribas spoke to Bloomberg’s Jennifer Zabasajja on Horizons Middle East and Africa about the precious metals price action. (Source: Bloomberg)
Original article published by
Bloomberg
on January 19, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.