MUMBAI: When it comes to gold, apparent progress in trade talks and investors’ shifting appetite for risk, it may pay to remember Donald Trump’s failed flirtation with long-time US adversary North Korea as a reason for caution, according to bullion bull Taurus Wealth Advisors Pte Ltd.
The Singapore-based multi-family office, which has US$1.7bil under management, said while investors are tracking positive signs in US-China negotiations that are spurring equities, the recent history of the US president’s engagement with Pyongyang gave reason for a pause.