2026-01-19 23:34:35

Risk aversion sentiment heats up, with spot gold hitting a record high of $4,689/ounce, and silver also surpassing $94/ounce. What is the driving force behind this? Trump announced an aggressive trade policy—starting from February 1, 2026, imposing a 10% tariff on goods from major European economies such as Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland, which will further increase to 25% in June until the Greenland purchase agreement is reached.

This wave of tariff threats directly impacted European stock markets. The DAX index fell by 1.1%, and the French CAC 40 index declined even more, by 1.3%. Geopolitical tensions combined with escalating trade friction have led investors to seek safe-haven assets, with precious metals becoming the top choice.

This shift in the global economic landscape also has a profound impact on the crypto market. When traditional financial markets are stirred by geopolitical and trade policies, investors' interest in decentralized assets tends to rise. While precious metal prices hit new highs, it also reflects market concerns about future uncertainties—often driving up demand for safe-haven assets.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
7
Repost
Share

Comment

0/400

wagmi_eventually

· 14h ago

Gold hits a new high, and European stock markets are also dropping the ball—Trump's move is indeed ruthless. But honestly, compared to precious metals, I am more optimistic about how this chaos will stimulate on-chain assets. The true safe haven still depends on the chain. Once the tariff war escalates, major institutions will still have to move onto the chain. If Greenland can negotiate, how far are we from an economic war? I'm not surprised that gold reached a high, but this thing's liquidity isn't as strong as crypto. Rather than hoarding gold, it's better to get on board. Is Europe about to be caught in a real trap? Precious metals are rising sharply, but crypto is the real black swan hedge. Trade war escalation = institutions start allocating to non-sovereign assets, get it?

View OriginalReply0

MEVHunterZhang

· 14h ago

Greenland Purchase Agreement? Haha, that's really incredible, still relying on precious metals for survival Gold has reached 4689, which is truly frightening. Europe is really about to get chopped up this time The sudden move with tariffs is so big, no wonder everyone is rushing into crypto Oh my, this wave of risk aversion really can't be contained, even silver is at 92 Trump's one word and gold has risen again, okay, okay So, crypto is the real safe haven; traditional finance is too hostage to policies Gold hitting new highs every time I think it's the peak, but it keeps rising, amazing Now that precious metals are rising, crypto has to follow suit; the market is truly integrated 25% tariffs? Europeans are completely stunned, no wonder they are fleeing to gold The key is that Greenland purchase, I just want to ask, where did this crazy idea come from

View OriginalReply0

OnChainSleuth

· 14h ago

Greenland Purchase Agreement? Man, your logic is really absurd, using tariffs as hostages --- The gold hitting a new high was actually set up long ago; when the trade war erupts, safe-haven assets should enter the market --- Wait, European stock markets are falling while precious metals are rising... I saw this scene back in 2020 --- Crypto and gold moving in tandem? Something's off, institutions are diversifying their positions --- Daring to say 25% tariffs? Europe is headed for a hard landing this time --- Spot gold at 4689, feels like it's about to be hit by flies at this high level... everyone be careful when taking over positions --- Basically, it's a revaluation of risk assets; everyone can see it's not true safe-haven --- Why is the Greenland meme suddenly linked to trade policies? This political show is so awkward --- Crypto circles need to wake up; gold rising doesn't mean BTC will rise, don't get led by the rhythm --- This round of trade war is more fierce than expected, starting in February? It actually started long ago

View OriginalReply0

MeltdownSurvivalist

· 14h ago

Gold hits a new high, silver soars. Basically, safe-haven assets are flooding in crazily. Trump's trade war tactics really have the global financial markets on edge... It's no surprise that European stocks have fallen so much; everyone is moving towards precious metals and crypto assets. --- Greenland purchase agreement? This guy really dares to think that way. In the end, it still comes down to using crypto to hedge against global economic uncertainties. --- With tariffs and geopolitical tensions, investors have already seen through it. Traditional assets are unreliable; it's better to hold some BTC and precious metals for peace of mind. --- Precious metals hit new highs, and the crypto market is definitely following suit. This is the standard reaction to every risk event. --- The current logic is very clear: when policies fluctuate, safe-haven funds flow into decentralized assets, which are much more reliable than centralized financial systems. --- Gold at $4689... This is the real signal of a confidence crisis. Large funds are voting with their actions. --- Trump's recent moves directly caused European stocks to plummet. Precious metals and crypto have become new safe havens, and the landscape has changed.

View OriginalReply0

BridgeNomad

· 14h ago

ngl, watching traditional finance scramble for safe havens while trad markets bleed... that's when you *really* see which assets hold actual value. greenland of all things lmao

Reply0

UnluckyValidator

· 14h ago

Greenland Purchase Agreement? This guy really knows how to make up stories I believe gold hitting a new high, but this reason sounds just ridiculous What happened to the European stock market? We crypto folks are the real safe haven The tariff meme is back again, always the same story $4689 gold, might as well buy some certain coin instead This time, it's really necessary to stock up on hard assets, but don’t just look at precious metals 25% tariffs? That would directly kill the European economy Crypto people love to hear geopolitical stories, then go all in Silver at $94, looks really unbelievable Safe haven? I’m just going all-in on ETH

View OriginalReply0