Gold up as North Korea Rattles Investors

Posted By: Religare
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Gold futures closed higher in the international market on Tuesday boosted by haven demand after North Korea spooked investors by test-launching a long-range missile that the regime claims can reach anywhere in the world.

Gold up as North Korea Rattles Investors

The feat could be a major advance for the isolated nation in its attempt to threaten the U.S. with a nuclear weapon. Also, a steadying U.S. dollar and equity market and mostly upbeat economic data added pressure to gold futures for the session.

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