Gold flashes past $4,700/oz as Trump threats dampen global sentiment

By Swati Verma Jan 20 (Reuters) - Gold jumped past $4,700 per ounce for the first time on Tuesday, while silver traded near a record high, as U.S. President Donald Trump's threats to slap extra tariffs on European allies soured global sentiment and sparked a rush into safe-haven assets. Spot gold gained 0.7% to $4,699.93 per ounce by 0514 GMT, having hit an all-time high of $4,701.23 earlier.