London
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 per cent in 2017, according to a Bloomberg survey of 26 analysts.
Fuelling the bullish outlook is the risk of chaos on multiple fronts: a possible trade war from America's fraying relationship with China, the alleged Russian hack of US political parties, the United Kingdom's complicated exit from the European Union, and elections slated in France, Germany and the Netherlands that may...