| UK’s Brexit vote offers clues as to how to commodities could fare if Trump is elected. Will it be a “Trump bump” or “Trump dump” for commodities if the Republican nominee wins the US presidential election?
In the event of a surprise win for Donald Trump this week trader’s say June’s Brexit vote will offer clues as to how commodity markets will move. As a haven asset, gold is already seeing a slight Trump bump. Although the precious metal fell sharply at the start of October, as the polls have narrowed it has been creeping up. Since the start of the month, gold has climbed more than 2 per cent, regaining the $1,300-a-troy ounce level it first rose above this year after the Brexit vote.............................................Full Article: Source
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