Gold producers give thumbs up to Trump

Australian gold producers gave a big thumbs-up with key gold miners on the ASX finishing up over 10% for the day. Gold took off as Trumps shock likely win sent markets into turmoil around the world. Gold traded close to $US1340 as the market went into defence mode. It marked gold's biggest single-day gain since June 24 when it rose as much as 8 percent when Britain decided to leave the European Union. The economic uncertainly this brings has seen a flight to safe haven assets. Gold miners SARACEN MINERAL were up over 15% for the day to 1.40 and NORTHERN STAR closed up 10.5% to 4.64 for the day.