Trump’s toxic brew of uncertainty adds to Gold’s safe haven appeal
By K Raveendran
Oil prices fell to their lowest level in five months on Tuesday, continuing a slide that has gathered pace over the past several weeks. The benchmark Brent and West Texas Intermediate crude futures have both dipped significantly, erasing much of the year’s earlier gains. In stark contrast, gold has soared to an all-time high, its sheen growing brighter with every passing day of economic uncertainty. The simultaneous plunge in oil and surge in gold encapsulate a nervous global mood — and, as with many other economic tremors of late, both developments appear to have something to do with Donald Trump. The U.S. President is driving much of the current tension through his trade and fiscal pronouncements. His de