World Stock Markets Weaker, Gold Up, As Trump Still Making Waves

(Kitco News) - World stock markets were mostly weaker Thursday, on corrective pullbacks from recent gains that put many stock indexes at record, multi-year or multi-month highs. U.S. stock indexes are pointed toward weaker openings when the New York day session begins.

The marketplace is buzzing about a reportedly contentious conversation between U.S. President Donald Trump and Australian Prime Minister Malcom Turnbull, regarding refugees in Australia that were to be headed for the U.S. The uncertainty regarding the new U.S. president and his administration are being blamed by some for jittery world stock markets the past couple weeks.

Gold prices are solidly higher and hit a 2.5-month high Thursday amid the recent weakness in the U.S. dollar index and on some safe-haven demand

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