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Wednesday, August 9, 2017

Commodity Alert: COMEX gold up on escalating US-North Korea tensions



Gold futures were up on the COMEX as political tensions between the US and North Korea escalated. North Korea media said on Wednesday that leader Kim Jong Un had ordered his military's strategic forces to examine an operational plan for a missile strike on the US military base in Guam. The move came after US President Donald Trump said on Tuesday that he would respond with "fire and the fury like the world has never seen" after North Korea said it would take "thousands-fold" revenge against the US following imposition Of new sanctions from the United Nations.


(Impact: Positive for Bullion as a safe haven)



Source: Newswire








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