Gold prices held steady on Wednesday as the dollar remained firm, with safe-haven demand for the metal buoyed after U.S. President Donald Trump`s latest comments on tensions over North Korea.FUNDAMENTALS
* Spot gold
* U.S. gold futures
* The dollar index <.dxy>, which tracks the greenback against a basket of six major currencies, was steady at 91.890. [USD/]
* Asian shares inched to a 10-year peak on Wednesday, following Wall Street higher, while the dollar`s rise against the yen helped boost Japanese shares. [MKTS/GLOB]
* U.S. President Donald Trump said on Tuesday that U.N. sanctions on North Korea agreed this week were a small step and nothing compared to what would have to happen to deal with the country`s nuclear programme.
* U.S. Treasury Secretary Steven Mnuchin said on Tuesday that if China doesn`t follow the United Nations sanctions approved on North Korea, he will seek new financial sanctions on Beijing to cut off access to the U.S. financial system.
* The U.S. poverty rate fell for the second straight year in 2016, while median income rose to an all-time high of $59,000 as the economy made up ground lost during the 2007-2009 recession, federal government data released on Tuesday showed.
* Unconventional central bank tools have largely worked and should remain part of the policy arsenal despite some deficiencies, European Central Bank Vice President Vitor Constancio said on Tuesday.
* British inflation hit its joint highest level in more than five years in August, complicating the Bank of England`s job this week of explaining why it is not raising interest rates.
* Japan Prime Minister Shinzo Abe said he wants the country`s central bank to focus on monetary policies geared at achieving its 2 percent inflation target, regardless of who becomes the next Bank of Japan governor, the Nikkei newspaper said on Wednesday.
* SPDR Gold Trust
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)