Gold on MCX settled up 0.95% at 30105 spiked to their highest point in almost a year as safe-haven assets continue their march upwards against a backdrop of ongoing tensions surrounding North Korea and its nuclear program. Support seen after North Korea on Sunday conducted its sixth nuclear test, of what it said was an advanced hydrogen bomb, prompting the threat of a "massive" military response from the United States if it or its allies were threatened. Adding to tensions, Russia denounced the closure of three Russian diplomatic facilities in the United States as a "blatantly hostile act" that violated international law and demanded Washington reverse the order.
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