Gold edged up early on Thursday from a near three-week low hit in the previous session, as Asian stocks fell on a report that U.S. President Donald Trump is being investigated for possible obstruction of justice.

FUNDAMENTALS

* Spot gold rose 0.2 percent to $1,263.70 per ounce by 0107 GMT.

* U.S. gold futures for August delivery fell 0.8 percent to $1,265.90 per ounce.

* Spot gold hit a session low of $1,256.65 on Wednesday, its weakest since May 26 after the U.S. Federal Reserve raised interest rates for the second time in three months.

* CME raised palladium futures NYMEX (PA) initial margins for speculators by 12.5 percent to $4,950 per contract from $4,400, effective after close of business on Thursday.

* Holdings in SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, fell 1.40 percent to 854.87 tonnes on Wednesday.

For read more click here: https://www.justdial.com/Indore/Ripples-Advisory