Gold prices edged higher on Wednesday, with a weaker U.S. dollar and political tension helping to attract buyers. The front-month contract for August rose 0.3% to $1,196.30 a troy ounce at the Comex division of the New York Mercantile Exchange. The more-active October contract also rose 0.3%. Prices briefly rose above $1,200, which traders said was an important milestone, before pulling back.

Source: Wall Street Journal August 22, 2018 17:01 UTC