Britain’s HSBC bank is projecting gold at $1,550 per ounce by the end of 2017. Trump’s protectionist stance in the campaign, if he follows through with it while in the White House, could trigger trade wars that will destabilize global markets, which would boost gold prices. “With Mr. Trump openly questioning decades-old military and political alliances and the European ideal under attack first by Brexit followed by a rise in anti-European sentiment in important European nations, it appears likely that investors will move increasingly into gold.” The recent post-election slump in gold won’t last, HSBC says. “We believe the gold decline will be temporary and that as global risks increase and uncertainty increases globally gold will be utilized increasingly as a safe haven and flight to quality asset. A key that gold has over paper assets, notably currencies, is that it is immune from intervention,” said the HSBC research team.