Gold jumped past $4,700 per ounce for the first time on Tuesday, while silver traded near a record high, as U.S. President Donald Trump's threats to slap extra tariffs on European allies soured global sentiment and sparked a rush into safe-haven assets.
Spot gold gained 1% to $4,717.03 per ounce as of 0730 GMT, having hit an all-time high of $4,721.91 earlier. U.S. gold futures for February delivery climbed 2.8% to $4,722.70 per ounce.
