Gold Prices Go Up On Rising US-North Korea Tensions

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The euro eased 0.1 per cent to $1.1766, staying below a high of around $1.1910 set last week, the euro's strongest level in 2-1/2 years.

Federal funds futures suggested the chance of rate hike in December fell to 40 percent from 42 percent shortly before the release of the data.

The S&P was, however, on track to post its biggest weekly loss in about five months and the Dow on course to record its biggest weekly fall in almost four months. US and British equivalents were also trading a touch above Wednesday's six-week lows.

"We believe continued sabre-rattling between the two nuclear powers could take gold prices higher still".

Top military brass and President Trump are being sued by five USA military members that want to keep Trump's transgender ban from becoming a reality - "in any capacity".

The pan-European FTSEurofirst 300 index .FTEU3 lost 1.01 percent and MSCI's gauge of stocks across the globe .MIWD00000PUS shed 0.26 percent for a weekly loss of 1.6 percent, the largest since the week to November 4.

It also outlined detailed plans for a missile strike near Guam, which is more than 3,000 km (2,000 miles) to the southeast of North Korea and home to about 163,000 people, a U.S. Navy base that includes a submarine squadron and an air base.

Japan said on Tuesday it was possible that North Korea had already developed nuclear warheads and warned of an acute threat posed by its weapons programmes as Pyongyang's continues missile and nuclear tests in defiance of United Nations sanctions.

At 9.37am ET (1337 GMT), the Dow Jones Industrial Average was down 49.62 points, or 0.22 per cent, at 22,035.72, the S&P 500 was down 8.01 points, or 0.32 per cent, at 2,466.91.

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Shares of Snap were down nearly 12 percent after hitting an all-time low following a miss on revenue and daily active users. Alliance Data Systems fell $6.28, or 2.7 percent, to $225.64.

Health care equipment and services company Henry Schein declined amid a broader slide by health care stocks.

"You'd need to see something more tangible than just rhetoric for a broader pullback", said Richard Steinberg, managing director at HSW Advisors, a finance team within HighTower Advisors, in NY.

The Labor Department said on Friday its Consumer Price Index edged up 0.1 percent in July, which was below the 0.2 percent rise expected by economists polled by Reuters.

Euro zone stocks and blue-chips also dropped 0.7 percent, while the miner-heavy FTSE underperformed and was down 0.8 percent.

"If the data continues to come in on the softer side, the market might start to price the Fed staying on hold this year", said Sireen Harajli, FX strategist at Mizuho in NY. Broadcom gave up $5.72, or 2.3 percent, to $243.45.

US gold futures for December delivery rose 0.8 percent to $1,272.00 per ounce.

Benchmark US 10-year notes last rose 6/32 in price to yield 2.1905 per cent, from 2.211 per cent late on Thursday.

Later in the session dollar traders will be busy monitoring producer prices in the United States, ahead of the key inflation figure tomorrow. Brent crude was up 80 cents at $53.50 a barrel and USA crude was up 60 cents and back up to $50.

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