Gold soars past $5,500 as Trump sabre rattles over Iran

The surge in safe-haven precious metals also saw silver hit another peak and has also been helped by a softer dollar sparked by speculation that the US president is happy to see the world's reserve currency weaken. An uneventful policy announcement by the Federal Reserve did little to inspire buying, though observers said traders are optimistic that interest rates will come down this year as Trump prepares to name his pick as the next governor. Bullion piled on more than $300 at one point to top...