Gold jumps to 6+ year high, Asian markets slide on Trump’s trade war carnage fears

Asian markets have sunk, pushing the value of gold to a six-year high as panicked investors seek a safe haven for their assets after President Donald Trump proved he is ready to escalate the raging US-China trade war.
Gold tested the $1,550 level on Monday morning – the highest since April 2013 and a 20-percent surge this year alone – as the trade war between Washington and Beijing intensified over the weekend, sending stocks, bonds and commodities tumbling down.

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