WASHINGTON (dpa-AFX) - Gold futures rose Wednesday, re-gaining the $1300 mark on renewed global tensions after comments from President Trump.
Trump called China's leader a 'world class poker player' and said of an upcoming summit with North Korea: 'If it doesn't happen, maybe it'll happen later. Maybe it'll happen at a different time, but we will see.'
U.S. stocks were set for a rough open despite some upbeat earnings news. Gold's safe haven appeal has helped the precious metal rebound from Monday's 5-month low.
The release of minutes from the latest Federal Open Market Committee meeting and Markit's May purchasing managers' indexes for both manufacturing and services are on tap. Also, new-home sales for April are due.
July gold was up $4 at $1301 an ounce.
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