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Gold jumps to 10-month high after North Korea nuclear test

US gold futures for December delivery were up 0.6 percent at $1,338.60

Reuters 

Gold prices hit their highest in nearly 10 months on Monday after North Korea's latest and most powerful nuclear test drove investors towards safe-haven assets. Spot gold rose 0.7 percent to $1,333.28 per ounce by 0329 GMT, earlier touching its best since Nov. 9 at $1,336.79. U.S. gold futures for December delivery were up 0.6 percent at $1,338.60. "What dominates the market is really the geopolitical tensions right now, either in North Korea or in the United States," said Mark To, head of research at Hong Kong's Wing Fung Financial Group. North Korea on ...

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First Published: Mon, September 04 2017. 13:20 IST
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