Gold steadied after posting its longest rally in three months as investors weighed growing geopolitical risks in the US, which reinforced demand for havens that have already benefited from central bank easing, slowing growth and the trade war. Palladium notched a fresh record. Stocks in Asia fell and Treasuries rose as Speaker Nancy Pelosi said the House is opening a formal impeachment inquiry of President Donald Trump, following revelations he pushed Ukraine’s government to investigate Joe Biden. Adding to tensions were uncertainty surrounding planned high-level trade talks in October after Trump, in a speech at the United Nations Tuesday, accused China of currency manipulation, theft of intellectual property, and dumping.
