Martin Vander Weyer Martin Vander Weyer

Still hunting for a Trump trade? Gold may have further to rise

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issue 02 November 2024

Anyone hunting for a ‘Trump trade’ at this late stage has probably missed the US election bus. If you bought gold as a traditional safe-haven asset back in February at £1,600 an ounce, you’d be a smug 33 per cent up by now – though my man in the bullion market tells me the rise is by no means all to do with presidential hopes and fears.

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