Gold and US Treasuries rose overnight while Wall Street was steady after earlier declines, after attacks in Brussels killed at least 31 people and prompted increased international security alerts.
US Treasuries rose as investors fled to their perceived safety. Yields on the 10-year note fell 1 basis point to 1.91 percent in early afternoon trading in New York.
"It raises more defensive positioning in risk assets, and puts money into Treasuries," John Briggs, head of strategy for the Americas in Stamford, Connecticut, at RBS Securities, one of the 22 primary dealers that trade with the Federal Reserve, told Bloomberg.
Wall Street was steady to higher. In New York trading at 1.14pm, the Dow Jones Industrial Average inched 0.08 percent higher, while the Nasdaq Composite advanced 0.4 percent. In New York trading at 12.58pm, the Standard & Poor's 500 Index gained 0.2 percent. Earlier the S&P 500 had dropped as much as 0.5 percent.
The Dow moved higher as gains in shares of Pfizer and those of UnitedHealth, last up 1.4 percent and 1.2 percent respectively, outweighed declines in shares of Goldman Sachs and those of American Express, last 1.2 percent and 0.8 percent weaker respectively.