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Gold prices surge in Dubai, will it rise further?
Gold prices rose on US-North Korea tensions.
Spot gold rose 0.5 percent to $1,266.20 per ounce at 0054 GMT. It marked its lowest since July 26 in the previous session at $1,251.01 an ounce.
The yen firmed slightly against the dollar early on Wednesday after North Korea said it is considering plans for a missile strike on the U.S. Pacific territory of Guam.
China's exports and imports grew much less than expected in July, raising concerns over whether global demand is starting
to cool even as major Western central banks consider scaling back years of massive stimulus support.
the world's third-largest economy.
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