Gold prices tallied a third-straight gain Wednesday, maintaining their short-term boost from political uncertainty in the U.S., as the Federal Reserve Janet Yellen’s reiterated a call for ‘gradual’ interest-rate hikes in Capitol Hill testimony.


Gold prices tallied a third-straight gain Wednesday, maintaining their short-term boost from political uncertainty in the U.S., as the Federal Reserve Janet Yellen’s reiterated a call for ‘gradual’ interest-rate hikes in Capitol Hill testimony.


Analysts said the precious metal has found support as a haven investment amid turmoil in the White House following Donald Trump Jr.’s release of emails linked to a meeting with a Russian Lawyer last year.

“It appears that the Donald Trump Jr. email release gave gold bugs a boost,” said Michael Armbruster, managing partner at brokerage firm Altavest.


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