Greenland tensions push investors toward gold and European defence stocks

Investors increased holdings in gold and European defence stocks after U.S. President Trump's threats about Greenland and a surprise U.S. raid in Venezuela, while global markets remained near record highs.

U.S. President Donald Trump's threats to take control of Greenland have prompted fresh investor interest in gold and European defence companies. The article links that shift to a recent surprise U.S. military action in Venezuela and broader geopolitical concerns. Gold and defence shares rose sharply last week, though overall world equity markets remain near record highs. Analysts say longer-term effects depend on whether tensions escalate. Key points: - The article reports investors piled into gold and European defence stocks after Trump's Greenland remarks and a surprise U.S. raid in Venezuela. - Gold jumped more than 4% last week and reached a new record high, according to the article. - The article mentions European defence stocks hit fresh all-time highs and posted their biggest weekly gain in over five years, with German tank maker Rheinmetall and Sweden's Saab among notable movers. - Analysts cited in the article warn that a forced U.S. takeover of Greenland could strain NATO and the wider global order, while many markets have not yet shown broad weakness. Summary: Investor flows into gold and defence names reflect concern about rising geopolitical risk and potential strains in transatlantic relations. The article notes that positioning for such low-probability, high-impact events is difficult for investors and that broader market consequences are uncertain. Undetermined at this time.