Gold gains as traders weighed prospects of reduced U.S. stimulus

Source: Bloomberg
© Scanpix/RS
Gold increased on Tuesday trading session as investors weighed prospects of curbed stimulus measures in the U.S. and escalating geopolitical tension in Ukraine and as exchange-traded products backed by gold rose to the strongest level in 2014. Bullion for March settlement advanced 0.3% to $1,344.02 an ounce and was last seen at $1,342.63 as of 3:20 p.m. Singapore time.

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