Reuters, via CNBC/03-22-17
Gold strengthened on Wednesday, with the price touching its highest in three weeks as the dollar languished near six-week lows and bond yields sank on uncertainty over the economic policies of U.S. President Donald Trump.
…The lack of a concrete policy from the Trump administration is increasing gold’s attraction as a safe-haven investment, analysts and traders said.
“It seems that equity investors decided to take some money off the table, perhaps getting slightly wary about the progress in President Trump’s legislative agenda,” INTL FCStone analyst Edward Meir said.
