Is Donald Trump Behind This Year’s Rally in Gold Prices? Maybe
Donald Trump's popularity might be the reason for the rise in gold prices since the start of the year.
Donald Trump's popularity might be the reason for the rise in gold prices since the start of the year. The metal is up 20 percent year-to-date. Daniela Cambone, editor-in-chief of Kitco News, said some analysts believe that Trump's success in the presidential race is bringing about uncertainty. During uncertain times, investors flock towards gold, the ultimate safe-haven asset. On the flip side, the rise in gold (GOLD) - Get Report may have more to do with the Federal Reserve's recent indications that it won't hike short-term interest rates so soon, amid global growth worries. TheStreet's Scott Gamm reports from Wall Street.









