Gold holds near six-week peak on safe-haven demand

Reuters/Swati Verma/01-11-17

“With the impending inauguration of President-elect Donald Trump and possible safe-haven flows related to that, seasonal Chinese demand and a stalling equity rally and bond sell-off, January so far is poised to be another good month for the yellow metal,” said Alex Thorndike, senior precious metals dealer at MKS PAMP Group.

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