Tue, 11 Mar 2014 08:41:39 GMT
Gold gains as traders weighed prospects of reduced U.S. stimulus
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.