With the Donald Trump presidency reaching its 50th day at the weekend (who said it wouldn’t happen?), we take a look at the impact the current administration — which shocked the world in November with a surprise election victory — is having on gold prices.
Although gold has slipped sharply this week as certainty of a March US rate hike increased, the precious metal is still up over 5% year-to-date. It is even more impressive given the strength of the dollar, while equities continue to add broad gains, with both the S&P 500 and Dow Jones Industrial Average clocking record highs.