Bullionguru’s,”Gold gains in Asia on geopolitics, China industrial data shrugged off”

Gold gained in Asia on Monday as North Korea rattled markets with a statement its latest missile test at the weekend was capable of carrying a large nuclear warhead and investors also fretted over the potential spread of cyberattacks that have already hit 200,000 victims in at least 150 countries.

Gold for June delivery rose 0.20% to $1,230.20 a troy ounce on the Comex division of the New York Mercantile Exchange. Cop[per also gained, up 0.16% to $2.532 a pound despite weak industrial output data from China.

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