Gold Futures Slip But Keep to One-Month Highs
2343 GMT — Gold edges lower in early Asian trade on a possible technical correction after gold futures posted their best day in over a month on Monday. However, losses may be limited by lingering geopolitical tensions. Russia recently launched another wave of drone and missile strikes on Ukraine's Kyiv amid stalled cease-fire talks, while reaffirming its hardline conditions despite mounting international pressure, DHF Capital's Bas Kooijman says in an email. Also, tensions remain elevated in the Middle East, underpinning demand for safe-haven assets, the CEO and asset manager adds. Spot gold is 0.1% lower at $3,393.87/oz. (ronnie.harui@wsj.com)
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