By Katy Bernato
Gold buyers may be the Donald Trump voters of the commodities market, according to a mining analyst who says this year's bullion rally may push prices above $1,500 per ounce.
Panmure Gordon's Kieron Hodgson likened gold buying to a protest vote against the financial system, akin to voting for Republican presidential candidate Trump to protest against the mainstream political establishment.
"In my many regards I see the gold market and gold itself as a bit of a protest vote to the financial system as a whole," Hodgson told CNBC on Friday.
"It is almost like the Donald Trump of commodities: You don't want to be part of the fiat currency; you don't believe in the monetary stimulus; you don't believe in central bank policies, et cetera. You want that protest and gold seems to be the ideal sort of way to play that," he added.