Gold gains in Asia

Gold rebounded from a four-week low on Friday as the latest twist in tensions between the United States and North Korea prompted investors to seek safe-haven assets. Spot gold was up 0.4 percent at $1,296.41 an ounce, as of 0643 GMT, having hit a four-week low of $1,287.61 in the previous session. Bullion was down 1.7 percent for the week and was headed for a second weekly decline. US gold futures for December delivery climbed 0.4 percent to $1,299.80 an ounce. Spot gold may end its current weak bounce around a resistance at $1,299 per ounce and then fall towards a support at $1,281, said Reuters technicals analyst Wang Tao.