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Economy

Investors pile into gold as Trump signals weaker dollar

Political risks in Europe also play part in bullion's popularity

Risk-averse investors see a rosy future for gold markets.

TOKYO -- U.S. President Donald Trump's suggestion that the country might break with its traditional strong dollar policy is driving global investors into gold markets as a hedge against losses from a possible currency depreciation.

Ahead of his inauguration last week, Trump told The Wall Street Journal that "Our dollar is too strong" compared with the Chinese yuan.

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