Gold stabiliziruemost while trump pays a visit to Asia

On Thursday, gold prices increased by updating a 3-week high, amid the tense geopolitical situation and the weak U.S. dollar.

All the attention of traders confined to the business trip of U.S. President Donald trump in Asia.

In the last months of verbal sparring between the US and North Korea became more fierce. It is anticipated that trump will take a hard line when discussing this issue with its Asian allies, such as Japan.

Gold has risen in price by $3 to $1 286 per ounce, moving away from 3-month low reached last week.

Today is expected to publish data on initial jobless claims and wholesale sales in the United States.

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