Gold steadies as $US weighs, NKorea eases – Australia News

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Gold has steadied, as a stronger US dollar pushed the metal off Tuesday’s nine-and-a-half-month high, but the precious metal remains above $US1,300 on renewed tensions between Washington and North Korea.

The dollar index rose 0.6 per cent versus a currency basket following stronger-than-expected private payrolls data. The move marked the greenback’s recovery from a 2-1/2-year low hit Tuesday after Pyongyang fired a ballistic missile over Japan. 

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