Gold edges higher in early Asian trade amid lingering safe-haven demand. Geopolitical tensions have continued to support this demand, DHF Capital's Bas Kooijman says in an email.
NATO recently described Russia's airspace violation over Estonia as part of a broader pattern of aggression, warning it would deploy "all necessary measures" to defend members, the CEO and asset manager says.
Risks of a possible U.S. government shutdown next week may also be buoying the precious metal. Spot gold is 0.1% higher at $3,740.58/oz.
Source: Dowjonesnewswires.com
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