Gold Up on Global Political Tension

Posted By: Religare
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Gold futures closed higher in the international market on Wednesday amid a war of words between the U.S. and North Korea.

Gold Up on Global Political Tension

North Korea's recent threat to launch a missile strike at U.S. territory Guam has helped to elevate haven buying in global financial markets.

Doubts about the pace of economic growth in the U.S., including signs of weaker-than-hoped-for inflation, have weighed on the dollar over the past few weeks, and provided some support for metals.

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