Bengaluru — Gold prices edged up on Tuesday, hovering around their highest levels in almost a year, as North Korea’s most powerful nuclear test to date underpinned haven demand for the precious metal. Spot gold rose 0.1% to $1,335.76/oz by 4.03am GMT after touching its strongest since late September in the previous session. US gold futures for December delivery were up 0.8% at $1,341.30. "Safe-haven buying’s been fairly strong over the past few days but there’s still a level of uncertainty about what the North Korean crisis will mean for markets," ANZ analyst Daniel Hynes said. Stock markets were under pressure on Tuesday following a global sell-off the previous day in the wake of North Korea’s nuclear test, while the dollar slipped against the yen and Swiss franc amid signs the North could conduct more missile tests. North Korea had been observed moving what appeared to be an intercontinental ballistic missile (ICBM) towards its west coast, South Korea’s Asia Business Daily reporte...
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