Gold prices might see some more consolidation this week as the metal™s safe-haven allure continues to lose traction, according to analysts. But, the Federal Reserve meeting could offer surprising support to the yellow metal. Even bullish gold analysts are admitting that the precious metal could retreat a bit further this week, especially after commodity markets chose to ignore another North Korean missile strike and a London terrorist attack on Friday. œI am generally confident in gold, but I feel the metal is due for a bit of a correction this week, Jasper Lawler, head of research...

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One bank maintained its $1,400-an ounce outlook for gold Monday even as prices cooled on profit-taking, commenting that the precious metal was not yet in overbought territory. 'All the mined commodities have rallied through the third quarter and gold has been no exception,' said Bank of America Merrill Lynch (BAML) in a research report. œWe believe the yellow metal is on track to hit our...

Gold lived up to its traditional role as a safe haven asset as prices of the yellow metal climbed one per cent to their highest in almost a year on Monday after North Korea's latest and most powerful nuclear test stirred up investors' appetite for non-risk assets. Spot gold was up 0.9 per cent at $1,336 per ounce by 0915GMT, after earlier touching its strongest level since late September 2016...

North Korea is again looking like Public Enemy No. 1, as Harvey's mounting toll adds to the bleak mood. The rogue nation's missile launch over Japan has helped put the S&P on track to join in a gold stock slump. Meanwhile, gold and other safety plays are scoring sizable gains, sparking chatter about how much more they could climb. For gold, the route up to around $1,375 an ounce looks...

Gold has proven to be a solid safe haven again, especially as political drama grows in the U.S. and geopolitical events leave investors worried. And, according to one expert, its safe-haven bid might even push it higher. œOne always wants to have some gold and I think particularly now in troubled times. Theres so many potential black swans that could enter the scene so you want to hold...

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