Gold slipped on Wednesday as the United States dollar recovered a bit from a three-week low hit in the previous session, but geopolitical concerns about North Korea and nervousness ahead of the French presidential election lent support to the safe-haven asset. The rising gold prices is considered to be implication of political escalation around North Korea. USA gold futures were 0.6 per cent lower at $1,288.80.
Gold futures continue to push higher, ending at their highest since November 4 amid concerns that tensions between North Korea and the USA may soon escalate.
Gold for June delivery climbed 0.3% to $1,291.90 a troy ounce on the Comex division of the New York Mercantile Exchange, closing at the highest since November 4.
May silver SIK7, -0.07% fell 8 cents, or 0.4%, at $18.195 an ounce.
"As (gold) didn't manage to get through $US1,300 and due to light volumes during (holiday-related) European hours, gold consolidated until weaker US economic data gave the yellow metal another push", said Giovanni Staunovo, commodity analyst for UBS Wealth Management.
In France, investors remained nervous ahead of the first round of the presidential election on Sunday.
The dollar dipped to a five-month low against the yen early on Monday.
The gold price against a basket of foreign currencies is now approaching the highs reached in 2011.
SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings rose 0.77 percent to 848.92 tonnes on Thursday from 842.41 tonnes on Wednesday.
U.S. Vice President Mike Pence reassured Japan of American commitment to reining in North Korea's nuclear and missile ambitions on Tuesday, after warning that U.S. strikes in Syria and Afghanistan showed the strength of its resolve.
Adding to these concerns, the USA military last week dropped the largest non-nuclear device it has ever used in combat on a network of caves and tunnels used by Islamic State in eastern Afghanistan.
Spot gold is expected to rise to US$1,303 per ounce as it has broken above a resistance at US$1,282, according to Reuters technical analyst Wang Tao. A close at current trading levels would be the lowest for the contract in just over a week.
Gold was prevented from falling further as the U.S. Dow Jones Industrial Average fell by 109.63 points, or 0.53 percent, as of 1900 GMT.
Platinum edged up 0.1 per cent to US$972, while palladium dropped 0.4 per cent to US$791.80.
Kabir Khan told Mumbai Mirror that they used children from Salman's Galaxy Apartments to record the background voice in the video. Filmmakers are set to release this movie for this Eid , trailer of this movie is going to release in the next month.
The typical migrant was born in England and is 44 years old, two years younger than the 46 years old of a decade ago. There's a little more room out west, and Paul has a house with four bedrooms as opposed to everyone else's three.
In this Thursday, April 13, 2017, photo, a man uses a Bank of America ATM near the company's headquarters in Charlotte, N.C. The banking giant repurchased a net of $2.3 billion in common stock and paid out $0.8 billion in common stock dividends.
I mean you see. really?" "No, I said, 'I'd have to get back to you on that.' I think that he is still under audit". And he had previously suggested that the ex-businessman could offer those returns to the public on Tax Day.
Hogan Lovells US LLP, Latham and Watkins LLP and Simpson Thacher Bartlett LLP are serving as legal counsel to Aspen and KSL. The following year, Squaw Valley USA and Alpine Meadows, two of the largest ski resorts at Lake Tahoe, combined operations.
The driver fled after the attack but police arrested a 39-year-old man from Uzbekistan on Saturday morning. The country has a long record of liberalism and has been historically welcoming to migrants and refugees.
AUDI IS MOVING FAST to capitalize on the booming SUV market by rolling out a model to fill the gaps in its current line-up. The 2019 Audi Q4 will be built using Volkswagen's MQB platform, the same one that was used for the second-generation Q3.
After a brief chase, Stephens stopped his vehicle, Williams said. "What happened today was senseless", Williams said. Marshal Peter Elliott said that his auto had no Global Positioning System tracking capabilities.
Three years ago, Malaysia Airlines flight MH370 disappeared from radar somewhere above the Indian Ocean with 239 people on board. Most worldwide flights use technology known as ADS-B, whose signals can be tracked from the ground or space.
Known MS-13 member, Jose Pena-Hernandez, 18, was found dead in October, according to investigators. MS-13 uses violence to intimidate rival gangs, using weapons ranging from firearms to machetes .
Davis Cup Djokovic, Kyrgios target final duel
I'll be out there for some of Thommo's match and I think it's a good match up with him against Sock. Steve Johnson and Jack Sock of the US celebrate a point in their doubles match.
Wisconsin will host 2018 NCAA Cross Country
Though the University of Nebraska-Lincoln does not sponsor ice hockey, it submitted a bid to host the event at CenturyLink Center. This upcoming fall will mark the ninth time where the Bald Eagles have served as the host site for the Division II regional meet.
Fly the funnier skies: Mideast airlines troll United
Attorneys for Dao filed court papers Wednesday asking the airline and the city of Chicago to preserve evidence in the case. It's also worth noting this third apology came after the United Airlines stock lost $250 million in market value.
Mobile to carry the Motorola Moto Z2 Force
We already know that there's going to be a Moto Z2 this year too, and that will obviously serve as the successor to the Moto Z. The report adds both phones will use a MediaTek chipsets, though according to this Moto C Plus will have 64-bit processor.
Arkansas vows to keep pushing for executions despite setback
It is scheduled to hear two more death penalty cases on April 24, the date two more Arkansas prisoners are slated for execution. One of them, the sedative midazolam, has been associated with botched executions in Alabama, Arizona, Ohio and Oklahoma.
MP backs election call but business is anxious
Liberal Democrat Julie Ireland said the party was "excited and delighted" by the news, confirming she would be running for Col. Most parliamentary systems require elections to be called at certain times (at least every so many years, that sort of thing).
PayPal heads in-store with Android Pay and Wells Fargo
Being introduced in the USA first, users will be able to use PayPal in Android Pay at all retailers accepting Android Pay . All current Android devices that support Pay (4.4 KitKat and above) will have access to the PayPal integration.