Bengaluru — Gold was mostly steady on Friday amid weaker Asian stocks, with some investors gravitating towards safe-haven assets on political uncertainty in the US and after a van mowed through crowds in Barcelona, killing 13 people. Spot gold was nearly unchanged at $1,287.34/oz by 4.08am GMT, after climbing for two consecutive days. US gold futures for December delivery were flat at $1,293.10/oz. Asian stock investors joined a global retreat from riskier assets on Friday and the dollar wavered on growing doubts about US President Donald Trump’s ability to fulfil his economic agenda. Markets were further shaken as Spain mounted a sweeping anti-terrorist operation on Friday after a suspected Islamist militant drove a van into crowds in Barcelona, killing 13 people before fleeing. "Risk aversion is back on the table again.… Market-watchers basically ignored the better than expected US initial jobless claims, and digested the unexpected terrorist attack in Barcelona amid the growing c...
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