Gold Gains In Asia After NKorea Missile Test Raises Risk

Gold prices gained in Asia on Friday after North Korea fired a missile over the northern Japan island of Hokkaido and into the Pacific Ocean, drawing a new line in the sand for the U.S. and allies to respond.
Gold futures for December delivery on the Comex division of the New York Mercantile Exchange rose 0.46% to $1,335.36 a troy ounce.
Overnight, gold prices rose for the first time in three days after the dollar came under pressure but gains were capped as data showed the pace of U.S. consumer prices hit a 7-month high in August raising expectations for a Federal Reserve rate hike later this year. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774