Trump inflation trade fades -GOLD
"There is apparently a move of institutional investor money
into gold and there are usually very good reasons for that."
Spot gold was up 0.6 percent at $1,256.75 an ounce by
2:26 p.m. EST (1926 GMT), having touched its highest since Nov.
11 at $1,260.10 earlier, zeroing in on the 200-day moving
average. It was on track to finish the week higher for the
fourth straight week.
into gold and there are usually very good reasons for that."
Spot gold was up 0.6 percent at $1,256.75 an ounce by
2:26 p.m. EST (1926 GMT), having touched its highest since Nov.
11 at $1,260.10 earlier, zeroing in on the 200-day moving
average. It was on track to finish the week higher for the
fourth straight week.
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