You are here: Home » Reuters » News
Business Standard

Gold up on rising U.S.-North Korea tensions

Reuters  |  BENGALURU 

By Nithin ThomasPrasadBENGALURU (Reuters) - Gold prices rose early Wednesday amid rising tensions between the United States and North Korea after the North responded to warnings from U.S. President Donald Trump with a threat to strike the U.S. territory of Guam. "We've had some competing forces play out over the past 12 hours - the U.S. dollar was stronger off economic data, but that was quickly reversed with President Trump's comments about North Korea earlier today (Wednesday)," said ANZ analyst Daniel Hynes. Spot gold rose 0.4 percent to $1,265.70 per ounce at 0646 GMT, while U.S. ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, August 09 2017. 15:52 IST
RECOMMENDED FOR YOU