Gold Lures Investors Worried About Trade Wars and Trump Tweets
- Bullion price seen jumping 12% in 2017, analyst survey shows
- 140-character missives by president-elect signal new paradigm
OCBC's Gan: Have a Bearish Base Case for Gold in 2017
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The Donald J. Trump era is marking a new age for gold as an investor safe haven.
While the precious metal has always been hoarded in times of trouble, a bevy of political and economic surprises in 2016 sparked a surge in buying that sent bullion to the first annual gain in four years. Prices may rally about 13 percent in 2017, according to a Bloomberg survey of 26 analysts.