Gold falls from highest level in three months on Ukraine tensions

Source: Bloomberg
Gold retreated from the highest level in three weeks, as investors speculated on the improving U.S. economy and Ukraine's situation. Gold bullion spot price slid 1.2% to $1,312.41 an ounce, and was at $1,313.47 as of 2:51 p.m. Singapore time. The yellow metal approached $1,331.20 on Monday, the highest since March 24. Previous year gold declined 14% in two straight days through April 15.

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