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Gold firm as North Korea worries offer support

Reuters 

By Sethuraman N RREUTERS - Gold held steady on Tuesday supported by geopolitical tensions over North Korea and after falling from a five-month high in the previous session on a firmer dollar. Spot gold was mostly unchanged at $1,284.56 per ounce by 0730 GMT, after climbing to $1,295.42 in the prior session, its highest since Nov. 9.U.S. gold futures were down 0.5 percent at $1,285.90.U.S. Vice President Mike Pence reassured Japan of American commitment to reining in North Korea's nuclear and missile ambitions on Tuesday, after warning that U.S. strikes in Syria and Afghanistan showed the ...

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First Published: Tue, April 18 2017. 13:20 IST
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