Gold climbs from 1-month low since Ukraine boosts demand

Source: Bloomberg
© FP
Gold was near the weakest level in one month since the Dollar appreciated when the world's leading industrial powers warned of more sanctions against Russia to deter it from further invasion into Ukraine. The yellow metal added 9.2% during this year and its delivery for June almost unchanged at $1,312.70 an ounce by 9:19 a.m. in NY. Prices decreased 0.4% to $1,305.90, the weakest level since February 14, and gold for immediate delivery climbed 0.3% to $1,312.32 an ounce in London.
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