Asian shares have extended their losses while gold prices hit a record high as concerns over U.S. President Donald Trump’s tariff threats on Greenland fueled unease among investors. U.S. futures edged higher. Traders were waiting for Trump's planned speech at the World Economic Forum in Davos, Switzerland. . Gold prices crossed the $4,800 mark for the first time, as money flowed into assets considered to be safe havens at times of uncertainty. On Tuesday, the S&P 500 fell 2.1%, the steepest drop for the benchmark index since October. The Dow industrials lost 1.8% and the Nasdaq composite fell 2.4%.
