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Gold has become investors’ go-to safe haven.
Among the assets typically considered safe havens, gold
GC00 is the only one that rose in the wake of President Donald Trump’s saber-rattling about Greenland. On Jan. 20, when the S&P 500 SPX fell 2.1%, long-term U.S. Treasurys BX:TMUBMUSD10Y — the traditional safe haven during times of geopolitical crisis — fell by more than they have in any other trading session since last July.
