Trump advisor Kevin Hassett calls for "cooler heads to prevail" as president threatens Denmark with tariffs over Greenland acquisition deal negotiations.

Forecasts are increasingly bullish. Analysts surveyed by the London Bullion Market Association expect prices to rise above $5,000 this year, citing expectations of lower U.S. real rates, continued Federal Reserve easing and sustained central-bank diversification away from the dollar.

German soldiers left Greenland after a short, pre-planned mission, contrary to online narratives that said they withdrew early because of the U.S. president’s threat to impose tariffs on European allies opposed to his administration's bid to buy the Arctic island.

This year’s World Economic Forum is taking place as tensions between the U.S. and its allies have begun to rise over U.S.

Shares of the German automaker dropped more than 3% in early European trading, with losses at times exceeding 6%, according to CBT News. Last weekend, Trump announced his intentions to impose a 10% tariff on goods imported from Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands, and Finland, effective Feb. 1.

All three U.S. equity benchmarks registered their worst one-day performance since October 10, with both the S&P 500 and Nasdaq Composite slipping below their 50-day moving averages.

Get the latest news and live updates on the Trump administration as House Speaker Mike Johnson marks a U.K. milestone and the Supreme Court weighs Hawaii's 'vampire' gun law.