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Gold higher after North Korea fired a missile

ArgusFX

Gold appreciated to its strongest zone within almost a period of ten months today, amid the investors and the traders heading mostly to safe haven assets following North Korea's firing of a missile having passed over northern Japan.

Comex gold futures to $1,326.52

The safe haven assets' level of demand is boosted usually after the appearance of geopolitical risks that have a strong impact on the markets.

Comex gold futures traded to $1,326.52 a troy ounce rising approximately 0.9% or $11.10 while the price of gold gained on Monday around 1.3% in value.

The U.S. dollar index went 0.3% lower versus six main currencies having approached the 91.90 level.

Silver futures aimed at $17.56 a troy ounce gaining 0.7% or 12.1 cents, palladium to $943.12 an ounce advancing 1.2%, and platinum to $998.45 appreciating 0.9%.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/gold-higher-after-north-korea-fired-a-missile
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