Bengaluru — Gold prices were a touch lower on Tuesday, pressured by an uptick in the dollar, with investors focusing on tension over North Korea and remaining cautious ahead of an annual central banking meeting in Jackson Hole later this week. Spot gold had slipped 0.2% to $1,288.40 an ounce by 3.33am GMT, after rising 0.5% in the previous session. US gold futures for December delivery edged down 0.2% to $1,294.20/oz. "The US and South Korea’s military training will probably induce some move from North Korea. I think people are getting ready for any move so that’s why gold came back up yesterday," said Yuichi Ikemizu, Tokyo branch manager at ICBC Standard Bank. The US and South Korea began long-planned joint military exercises on Monday, heightening tension with North Korea, which called the drills a "reckless" step towards nuclear conflict. "The dollar is a bit stronger and that’s why gold is coming off a bit. People are really kind of cautious about the market with this Nor...
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