Gold jumps to eight-week high as nuclear spat fuels haven demand

Gold climbed to the highest since mid-June, pushing up mining-company shares amid military tensions between the US and North Korea. Equities slid and the Swiss franc and some developed-market government bonds advanced as President Donald Trump threatened North Korea with “fire and fury” following a series of missile tests by the communist regime, boosting demand for haven assets. Gold also climbed after Indian imports of the metal were said to have doubled.