Gold grew as tension in Ukraine exacerbated

Source: Bloomberg
© Scanpix/Reuters
The yellow metal gained as Russia raised tensions in Ukraine and seized nation's Crimea region, boosting the allure of less risky assets. Gold for immediate delivery advanced 1.4% to $1,344.87 an ounce and was little changed at $1,342.50 as of 10:57 a.m. in Singapore. Bullion climbed 6.6% in the previous month after it gained 3.2% in January, reaching a high of 17 weeks at $1,345.46 on Feb. 26. 
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