Gold edges higher on conflict in Yemen

Source: Bloomberg
© scanpix/RS
Gold headed for its longest run of gains in more than two months due to political tensions in the Middle East, which spurred demand for the precious metal as a safe haven. Bullion for immediate delivery dropped around 0.4% to trade at $1,200.10 an ounce. Meanwhile, the metal climbed to $1,219.79 on March 26, posting the highest level since March 2. 
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