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Gold hovers near two-month highs on N.Korea tensions

Reuters  |  BENGALURU 

By Nithin ThomasPrasadBENGALURU (Reuters) - Gold on Thursday held steady near two-month highs hit the session before, bolstered by safe-haven demand triggered by rising tensions on the Korean peninsula.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 ...

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First Published: Thu, August 10 2017. 09:26 IST
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