Trump trouble extends gold's gains


* U.S. dollar falls to six-month low * Trump turmoil reduces rate hike expectations * Gold net long falls to two-month low Gold extended its biggest weekly gain in five weeks as a weaker U.S. dollar and political turmoil in the United States fuelled demand for bullion as a safe haven and reduced expectations of rapid U.S. interest rate rises.

The metal advanced by 2.2 percent last week as the furore over U.S. President Donald Trump's alleged links to Russia and his firing of former FBI chief James Comey raised concerns about his ability to push through promised fiscal stimulus. http://www.nasdaq.com/article/precioustrump-trouble-extends-golds-gains-20170522-00511


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