2017 could be the year of geopolitical recession. Trump’s trade war and the French and German elections might work to the advantage of investments in gold.

While the global press was full of the record beating performance of American shares in the first few months of the year (the Dow Jones Stock Exchange Index monitoring the changes in share prices of industrial companies first crossed the magic, 20,000-point dream threshold) gold prices have picked up by 10 percent since 1 January, outperforming the New York, Frankfurt and London stock exchanges. By the beginning of March, the USD 1,257 ounce rise (32.1 grams), which translates into USD 40.4/gram, reflected a 10 percent increase; with which, in the advanced world, only the Hong Kong and Singapore floors could compete.

 

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