Gold Gains In Asia As Trump Warns North Korea Again “Miscalculation”

Liquid gold is poured to form gold dore bars at Newmont Mining’s Carlin gold mine operation near Elko, Nevada May 21, 2014. REUTERS/Rick Wilking

Gold edged higher in Asia on Wednesday as political risk rose after President Donald Trump in a speech to the South Korean parliament warned North Korea not to make a “miscalculation” in development of its missile and nuclear weapons programs.

Gold futures for December delivery on the Comex division of the New York Mercantile Exchange rose 0.17% to $1277.98 a troy ounce.