Reuters/Sethuraman N R/04-10-17
Gold held steady on Monday, buoyed as growing geopolitical tensions continued to drive safe-haven demand.
Top aides to U.S. President Donald Trump differed on Sunday on where U.S. policy on Syria was headed after last week’s attack on a Syrian air base, while U.S. Secretary of State Rex Tillerson warned the strikes were a warning to other nations, including North Korea.
“Somehow gold is keeping its $1,200-$1,250 range intact even thought it keeps rising and falling,” said Mark To, head of research at Hong Kong’s Wing Fung Financial Group.
