Gold edged up Thursday after the euro bounced against the US dollar, but a series of attacks in India's financial capital that killed at least 101 people has yet to ignite safe-haven buying. Suspected gunmen launched attacks in the heart of Mumbai, taking many foreigners hostage in two of the city's plushest hotels.
Authorities closed stock, bond and foreign exchanges as commandos and armed police laid siege to the gunmen. Gold was trading at $814.55 an ounce, up $2.80 an ounce from New York's notional close on Wednesday. It rallied to a six-week high of $830.10 on Tuesday but has since struggled to sustain the uptrend due to volatile oil and currency markets. Platinum was trading at $855.50 an ounce, up $2.00 from New York's notional close. New York gold futures added $6.0 an ounce to $814.5.