Singapore, January 20 (QNA) - Gold traded near record highs on Tuesday, as US President Donald Trump's threats to acquire Greenland soured global sentiment and sparked a rush into safe-haven ⁠assets.

Spot gold hit a new record high of $4,700.28 per ounce, while US gold futures for February delivery climbed 1.8% to $4,676.80 ‌per ounce.

Spot silver fell 1.2% to $93.53 an ounce, after hitting a record high of $94.72 earlier in the session.

 In other precious metals, spot platinum fell 0.6% to $2,359.45 per ounce, while palladium dropped 1.3% to $1,817.44. (QNA)