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Trump ‘dump’ on gold gives way — #SaxoStrats

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The precious metal has started to recover following its lows in late 2016. Saxo Bank’s head of commodity strategy Ole Hansen explains why.

Trump may have become gold’s best friend, he says, with the market uncertain about what will happen in the Trump era.

Precious metals have accelerated to the upside this week after USD weakened, interest rates moved lower and stock markets wobbled, boosting gold and silver.