Gold's Record Rally Intensifies Amidst Escalating Greenland Crisis

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Gold extended its record rally as the crisis over Greenland and a meltdown in Japanese government debt supported haven demand. President Donald Trump, who is scheduled to address the World Economic Forum at Davos in Switzerland, showed no signs of backing down on his grab for the Arctic island. That prompted Greenland’s prime minister to warn the population of a possible military invasion, though he added it was an unlikely scenario.