| Gold jumped as much as $75 an ounce on Wednesday, while gold miners surged as investors watched Donald Trump edge ever closer to the White House. But, as with the other knee-jerk market reactions to the news that the property developer with no previous political experience will be the 45th American president, the yellow metal’s move moderated somewhat following his acceptance speech.
Striking a much more conciliatory tone than characterised his campaign and notably lacking any mention of his more extreme campaign promises, the speech seemed to calm some of the initial jitters and saw gold fall back toward the important technical level of £1,300 per ounce.............................................Full Article: Source
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