Greenland risk explodes, tilts Gold towards 5000, Silver towards 100

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Risk aversion returned abruptly as the new week opened, propelling Gold and Silver to new all-time highs. With sentiment turning defensive, upside risks are building, raising the prospect of Gold extending toward 5,000 and Silver toward 100 should geopolitical tensions worsen. At the center of the shock were escalating tensions over Greenland. Over the weekend, […]The post Greenland risk explodes, tilts Gold towards 5000, Silver towards 100 appeared first on ActionForex.