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PRECIOUS-Gold holds steady on safe-haven demand, weaker dollar
Gold was little changed on Monday, supported by safe haven interest amid rising geopolitical tensions over North Korea and a weaker dollar. Investors are closely watching developments after the reclusive state fired four ballistic missiles into the sea off Japan’s northwest coast, days after it promised retaliation over U.S.-South Korean military drills. [nL3N1GJ05Q] “There is still plenty of critical uncertainty supporting safe-haven buying and the news out of North Korea certainly has seen that side of the market quite active again,” said ANZ analyst Daniel Hynes.
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