The yellow metal declined marginally in........>

GOLD: The yellow metal declined marginally in early Europe to intra-day low of

$1292.51 from $1294.89 as the dollar strengthened across the board. The action

was lackluster in much of Europe as price traded within a tight range between

$1292.51-$1294.16. As the New York open draws closer, bullion spiked higher to

$1295.17 as the Aussie strengthened and the dollar gave back some of its gains.

-The yellow metal dropped from $1295.15 to $1290.76 as the dollar moved higher

on the back of Brady's comment that he "is confident that the Senate will come

through on the tax bill." Before losing momentum and drifting back to $1293.50.

-The yellow metal pared back much of the earlier losses from intra-day low of

$1290.76 to $1295.83 in an order driven move before fading.

-The precious metal spiked to a fresh intra-day high of $1297.48, as Fed Chair

nominee Powell said wages do not signal tightness in labor market, before fading

back towards $1294.50.

-A sharp spike in gold following news that NK launched a ballistic missile test

with the rate jumping from $1292 to $1296.85 before fading back to $1295.00.