Gold Eases Ahead Of Jackson Hole Central Bankers Meeting

Gold nudged lower early Thursday, giving up some of its gains made after U.S. President Donald Trump's threat of a government shut down, while investors began to focus on a major central bankers conference in Jackson Hole.

Fundamentals

* Spot gold slipped 0.1 percent to $1,287.89 an ounce by 0101 GMT, after gaining 0.4 percent in the previous session.

* U.S. gold futures for December delivery were down 0.1 percent at $1,293.50 per ounce.

* Asian stocks edged up on Thursday, shaking off the risk aversion that gripped financial markets overnight after U.S. President Donald Trump's threat to shut down the government, though the dollar remained sluggish.

* Germany's central bank has brought much of its gold reserve back to Frankfurt, the Bundesbank said on Wednesday, restoring a bulwark of economic stability the country had stashed away at the height of the Cold War.

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