Core Insights - The prices of gold and silver have reached new highs, driven by geopolitical tensions, particularly related to President Trump's push to acquire Greenland [1][2][3] Price Movements - As of 10 a.m. EST, silver is priced at approximately $94.57, reflecting a nearly 7% increase, although it is slightly below its all-time high of $95.78 [1] - Gold is priced at 4,742.60, up more than 3%, and just below its morning high of 4,756.60 [2] Geopolitical Influences - The recent surge in gold and silver prices is attributed to increased demand for safe-haven assets amid international uncertainty, particularly due to Trump's Greenland acquisition demands [2][4] - Trump's threats to impose tariffs on European nations opposing his Greenland acquisition have further fueled the rally in precious metals [3][4] Future Projections - Analysts predict that gold could exceed $5,000 per ounce and silver could surpass $100 by 2026, driven by rising demand in technological industries and ongoing global uncertainties [5] - Concerns regarding the independence of the Federal Reserve, highlighted by an investigation into its chair, may also contribute to the upward trend in gold and silver prices as they are viewed as safe-haven assets [5]