Gold up in Asia

25 Nov, 2010

Gold edged up on Wednesday but showed a muted reaction to the heightened tensions between the two Koreas, with investors still focused on the debt crisis in Europe, which has put pressure on the euro. Gold added $1.31 an ounce to $1,377.51 an ounce by 0651 GMT, having risen to $1,382 on Tuesday, its highest since November 12, but was still well below a lifetime high around $1,424.1 struck in early November.
US gold futures were barely moved at $1,377 an ounce.

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