Gold edged up to touch a one-month high on Tuesday, with investors turning to the safe-haven asset as geopolitical tensions sapped their appetite for risk. Spot gold had risen 0.1 percent to $1,267.70 per ounce by 0349 GMT. It earlier touched its strongest since May 1 at $1,270.47. U.S. gold futures were almost unchanged at $1,267.70 announce. Risk surrounding the closeness of Britain’s upcoming elections, the prospect of early elections in Italy and worries over Greek debt were supporting gold, said Jeffrey Halley, a senior market analyst at OANDA.In wider markets, the geopolitical fears over Europe weighed on Asian stocks and kept the euro under pressure. Among other precious metals, silver marked its highest level since April 27 at $17.45 an ounce. It was last up 0.4 percent at $17.43. Palladium was down 0.3 pct at $794.55 after breaching $800 an ounce on Monday. Platinum was unchanged at $952.70 an ounce. For More Information About Commodity Market Please Visit : www.paceresearchindia.com and Call : 8817774774
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