Brexit, Trump worries push gold to highest in almost 8 weeks

Brexit, Trump worries push gold to highest in almost 8 weeks

LONDON (Capital Markets in Africa) – Gold jumped more than 1 percent to its highest in nearly eight weeks on Tuesday, as excerpts of a speech to be given later by Britain’s prime minister pointed to a definitive exit from the European Union. Safe-haven assets such as gold, the Japanese yen and U.S. Treasuries benefited as investors sought refuge from the uncertainty of what a “hard Brexit” would mean for global markets. Spot gold rose 1.1…

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