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Gold hits over two-month high on North Korea tensions

Reuters  |  BENGALURU 

By Nithin ThomasPrasadBENGALURU (Reuters) - Gold lingered near a two-month high hit earlier on Thursday, as rising tensions on the Korean peninsula continued to support safe-haven demand.North Korea dismissed on Thursday warnings by U.S. President Donald Trump that it would face "fire and fury" if it threatened the United States as a "load of nonsense", and outlined detailed plans for a missile strike near the Pacific territory of Guam. "(Safe-haven demand) has settled down to a certain extent, but the market is still expecting more news to come," said Brian Lan, managing director at gold ...

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First Published: Thu, August 10 2017. 12:49 IST