London — Gold hit its highest levels in two months on Thursday as the US and North Korea exchanged more threats, prompting investors to buy bullion as a safe-haven asset.On Thursday, North Korea outlined detailed plans for a missile strike near the Pacific territory of Guam, keeping up a war of words with US President Donald Trump after he said Pyongyang would face "fire and fury" if it continued to threaten the US. "For now, the uptrend is very much intact in gold, reacting to external geopolitical events," said Jonathan Butler, commodities analyst at Mitsubishi in London.Spot gold was up 0.2% at $1,279.33 per ounce by 10am GMT after hitting $1,280.53 an ounce, its highest level since June 9. Gold climbed 1.3% in the previous session, its biggest gain since mid-May. US gold futures for December delivery rose 0.5% to $1,285 per ounce.The $1,279 area is a key technical level, representing a downtrend that has been in force since mid-2016 when gold surged to a two-year peak of $1,374...
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