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Gold slips as dollar rises, but geopolitical worries support

Reuters  |  LONDON 

By Zandi ShabalalaLONDON (Reuters) - Gold edged lower on Wednesday as the dollar gained, but tensions over North Korea and upcoming French and UK elections underpinned investor demand in the safe-haven asset.Spot gold slipped 0.57 percent at $1,281.91 per ounce as of 1129 GMT, but was still near its highest level since November touched on Monday of $1,295.42.U.S. gold futures were 0.8 percent lower at $1,283.90.U.S. Vice President Mike Pence said Washington would work with its allies and China to put economic and diplomatic pressure on North Korea but added America would defeat any attack ...

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First Published: Wed, April 19 2017. 17:23 IST
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