Mon, 24 Feb 2014 16:15:50 GMT
Gold gains to highest level in 16 weeks on weaker U.S. data
Gold advanced to a four-month high on speculation weaker than expected U.S. economic data and unrest in Ukraine increased safe haven demand. The yellow metal for April delivery gained 0.7% to $1,333 an ounce as of 7:37 a.m. in New York, after it approached $1,337.10 earlier today, the highest level since October 31. Bullion for immediate delivery rose 0.7% to