New York, Jan 20, 2026 (AFP) - World stocks sink, gold hits high on escalating trade war fears

NAMPA / AFP

2026-01-20

World stock markets lost ground on Tuesday and precious metals hit fresh peaks as rising US-EU tension stoked volatility following President Donald Trump's threat to impose tariffs in his drive to acquire Greenland. Major US indices spent the entire day in the red, with the broad-based S&P 500 finishing down more than two percent. The pullback on Wall Street and the reverberations across other financial markets reminded some observers of last Ap......

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