Reuters, via YahooFinance/Pratima Desai/02-13-17
Gold prices slipped on Monday as the dollar rose and equities climbed, but political and economic uncertainties in the United States and Europe are expected to continue to give underlying support for now.
…”Support for gold because of politics will hold this side of the French election,” said Danske Bank analyst Jens Pederson.
“Le Pen’s comments on euro membership are very much on the radar. The UK vote to leave the EU and Trump’s election were unexpected … Investors will lean towards safe assets.”
