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Gold gains as stocks fall after report of Trump probe

Reuters  |  BENGALURU 

BENGALURU (Reuters) - Gold edged up early on Thursday from a near three-week low hit in the previous session, as Asian stocks fell on a report that U.S. President Donald Trump is being investigated for possible obstruction of justice.FUNDAMENTALS * Spot gold rose 0.2 percent to $1,263.70 per ounce by 0107 GMT.* U.S. gold futures for August delivery fell 0.8 percent to $1,265.90 per ounce.* Spot gold hit a session low of $1,256.65 on Wednesday, its weakest since May 26 after the U.S. Federal Reserve raised interest rates for the second time in three months. * U.S. stock futures dipped ...

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First Published: Thu, June 15 2017. 06:59 IST
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