Gold, Silver ETFs Plunge Up to 21% as Trump Eases Tariff Threats Over Greenland
Gold and silver ETFs plunged up to 21% on January 22 following Trump's withdrawal of tariff threats over Greenland and his confirmation that the US would not use military force to seize the territory. Tata Silver ETF led declines at 21%, while gold ETFs fell up to 12%, reversing earlier record rallies driven by geopolitical tensions and safe-haven demand.
Gold and silver ETFs plunged up to 21% on January 22 following Trump's withdrawal of tariff threats over Greenland and his confirmation that the US would not use military force to seize the territory. Tata Silver ETF led declines at 21%, while gold ETFs fell up to 12%, reversing earlier record rallies driven by geopolitical tensions and safe-haven demand.
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