Mon, 05 May 2014 09:19:06 GMT
Gold advances amid tensions in Ukraine
Gold prices increase on Monday to the largest level in three week, as political and social instability in Ukraine boosts demand for safe assets. Gold for immediate delivery surged 0.7% to $1,309.29 per ounce on Monday, extending its monthly advance. At the same time, gold futures with delivery in June jumped 0.4% to $1,307.60 an ounce on the Comex commodities