Gold advances amid tensions in Ukraine

Source: Bloomberg
© Scanpix/FP
Gold prices increase on Monday to the largest level in three week, as political and social instability in Ukraine boosts demand for safe assets. Gold for immediate delivery surged 0.7% to $1,309.29 per ounce on Monday, extending its monthly advance. At the same time, gold futures with delivery in June jumped 0.4% to $1,307.60 an ounce on the Comex commodities exchange in New York.
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