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US-Iran rhetoric a side show amid global slowdown, trade talks

Gold, having leapt 10% in 4 weeks, glitters as a safe haven in uncertain times, say analysts

Some analysts are predicting that gold could rise as high as US$1,500 by the end of the year, as investors buy the precious metal for its traditional role as a safe investment in times of political or economic uncertainty.


FOR investors, the global macro-economic outlook has become murkier with the breakdown of the US-China trade talks in May and now, the rising tensions between the US and Iran after the latter shot down a US drone.

Iran's downing of the US drone has prompted new US...