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Haven bids for gold have increased with concerns over what Trump will do with trade. Gold, silver, and platinum rose 1.8%, 0.95%, and 0.97%, respectively, on May 17.
The price of gold witnessed a rebound on Monday, May 8, after touching $1,221 per ounce—the lowest level we've seen since the middle of March.
The gold-platinum spread was ~1.3 on April 26, 2017. The gold-platinum spread RSI on that day was 59.