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Gold up after North Korea fires another missile over Japan

Reuters 

By Apeksha NairREUTERS - Gold inched up on Friday as North Korea's latest missile launch over Japan triggered safe-haven buying, but gains were limited as strong U.S. inflation data raised the spectre of another interest rate hike.Spot gold edged up 0.1 percent to $1,330.79 an ounce by 0321 GMT, after dropping to its lowest since Aug. 31 at $1,315.71 in the previous session.The metal was, however, down 1 percent for the week, and on track to mark its first weekly decline in four.U.S. gold futures for December delivery gained 0.4 percent to $1,334.80 an ounce.North Korea fired a missile on ...

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First Published: Fri, September 15 2017. 09:13 IST
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