Gold prices turned higher on Tuesday after U.S. President Donald Trump issued a stark warning to North Korea.
"North Korea best not make any more threats to the United States," Trump told reporters, speaking slowly and deliberately with his arms crossed in front of him. "They will be met with fire and fury like the world has never seen. He has been very threatening ... and as I said they will be met with fire, fury and frankly power, the likes of which this world has never seen before."
Gold futures for December delivery erased losses in after-hours trade, climbing 0.1 percent to 1,265.90 per ounce. Spot prices rose 0.21 percent to trade at 1,260.01.
The precious metal traded lower earlier after the U.S. dollar turned positive as investors awaited U.S. inflation figures later this week for further clues about the pace of interest rate rises.