Gold reclaims $1,300 on Ukraine concerns

Gold futures recovered from its recent weakness to reclaim the $1,300 level on Wednesday on geopolitical worries stemming from Ukraine-Russia tensions.

December gold GCZ4 +1.84% rallied $22.90, or 1.8%, to settle at $1,380.20 an ounce on the Comex division of the New York Mercantile Exchange. Reports that Russia has increased troops on its eastern border with Ukraine sparked safe-haven demand for the precious metal.

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MHP: haha -跟锋- 给 跟锋 发送悄悄话 跟锋 的博客首页 (0 bytes) () 08/06/2014 postreply 11:13:08

Nothing to do with Ukraine -_学无止境- 给 _学无止境 发送悄悄话 _学无止境 的博客首页 (269 bytes) () 08/06/2014 postreply 12:15:22

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