The Outlook for Gold Under President Donald Trump
Investors have been flocking to gold, which is often viewed as a safe-haven asset.
Last week, gold clocked its largest weekly gain in some seven months. The move higher came as investors flocked to gold, which is often viewed as a safe-haven investment in times of uncertainty.
Even though President Donald Trump signed executive orders on many of his campaign promises, there are still plenty of unknowns about his policies, according to Daniela Cambone, editor-in-chief of Kitco News.
Trump has also criticized the strength of the dollar, which has pushed the greenback lower. A weaker dollar is good for gold, as gold is denominated in U.S. dollars. TheStreet's Scott Gamm speaks with Cambone in New York.
