Platts: Gold Trading Jumps on Trump Shock
9/11/2016
LONDON, 9 November 2016 – Specialist data and news provider Platts, a division of the S&P financial information and analysis group, this morning quotes BullionVault data and comment in its report on gold's overnight price surge on the election of Donald Trump as US president.
"Gold's jump shows the shock hitting financial markets worldwide," Platts quotes BullionVault head of research Adrian Ash. "[But this] is only where the uncertainty and panic in other assets begins.
Over the past week, Platts' report goes on, BullionVault's online order board has enabled private investors to deal $25.7 million of physical gold and silver.
"That's 48% ahead of October's weekly average, and more than double the 2015 level."
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