Gold gains as standoff between Russia and Ukraine boosts haven demand

Source: Bloomberg
Gold bulls run for $1,400 an ounce, the highest price since September, as the serious standoff between the West and Russia boosts demand for safe haven. Bullion futures for April delivery added 2.2% on Monday trading session to $1,350.30 on the Comex in New York, after they reached $1,355, the highest price since October. The April $1,400 call gained 240% on Monday trading session to $5.10.
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