Gold Spikes To $1275, Above Key Technical Level – Highest Since Election

With Trump threatening North Korea, Putin on the tape over Syria, China threatening ‘red lines’, and French poll data sparking panic across the pond, it seems safe-haven buying is suddenly de rigeur as Gold tops $1275 for the first time since the election, breaking above its 200-day moving average…

 

 

With Gold now up 10% YTD…

It seems bullion (and bonds) beat banks again.


Source: ZeroHedge