Gold prices

Gold hovered Thursday near three-month highs due to political and economic uncertainties in the United States and Europe.

Spot gold was down 0.1 percent at $1,239.86 an ounce, after hitting its highest since November 11 at $1,244.67 in the previous session.

U.S. gold futures increased 0.2 percent at $1,241.70.

Gold has risen 1.7 percent this week as U.S. President Donald Trump enforced his entry ban on people from seven Muslim-Majority countries and as far-right leader Marine Le Pen launched her bid for the French presidency.

The dollar strengthened against it Japanese counterpart in particular upon worries from Japanese Prime Minister Shinzo Abe’s Friday meeting with Trump in Washington.

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