Gold Rally Cools Near Record as Trump Tempers Greenland Threat

Gold’s scorching rally to an all-time high cooled slightly after President Donald Trump said the US doesn’t want to use excessive force to get Greenland. The dollar wavered while bullion pared some of the gains that sent the precious metal to a fresh peak of $4,888.42 an ounce earlier. Most Read from Bloomberg Speaking at the World Economic Forum in Davos, Switzerland, Trump also said the US is seeking immediate talks on acquiring the Arctic island. He cast the US acquisition of Greenland as essential ...