Gold Rallies as Trump’s ‘Toughest Time in Office’ Batters Dollar
- Bullion’s gains are largely due to weaker dollar, OCBC says
- Gold rises amid suggestion Trump may have obstructed justice
Polymetal's Nazimok Says He's Used to Gold Volatility
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Gold’s getting a boost from the turmoil surrounding Donald Trump’s administration.
The metal climbed for a fifth day, the longest run in a month, on reports that the president asked FBI Director James Comey to drop an investigation into a former National Security Adviser. The dollar has dropped and European stocks fell amid the latest controversy, which prompted references to the 1970s Watergate scandal that helped to sink the then president, Richard Nixon.