Gold's Trump Card Isn't Trump – Bloomberg
Bloomberg |
Gold’s Trump Card Isn’t Trump
Bloomberg Gold these days is a bit like the Democratic Party: Tweets from President Trump will help stoke a rally, but it really needs to rebuild its base. In gold’s case, that base is jewelry. Gold went through almost a round trip last year. It surged as fears … Demand for gold hits four-year high after Brexit and Trump votes Brexit and Trump election jitters drove up gold demand: World Gold Council CHARTS: Gold price propped up (only) by Western investors |