Gold held steady on Wednesday, supported by a weaker dollar, geopolitical concerns about North Korea and nervousness ahead of the French presidential election.
The yellow metal was steady on Tuesday after hitting a five-month peak the previous session, bolstered by a softer dollar, North Korea tensions and nervousness ahead of the French presidential election.
On Tuesday the dollar index fell near a three-week low on disappointing U.S. housing starts data and nerves over trade talks between the United States and Japan, while Britain`s pound soared after Prime Minister Theresa May called for a snap general election.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
Gold price jumps 1 pct on safe-haven appeal, but still this happens - set for drop
Gold options hit an all-time high, emerge as most capital-efficient insurance tool