Gold costs inch up amid worldwide financial, political worries

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Gold costs nudged up on Wednesday after hitting their highest in over three months within the earlier session, with worldwide political and financial uncertainty underpinning safe-haven demand for the steel.

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FUNDAMENTALS

Spot gold was up 0.1 % at $1,231.27 an oz at 0102 GMT. On Tuesday, it touched its highest since July 17 at $1,239.68.

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US gold futures have been down 0.2 % at $1,234.20 an oz.

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