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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold price holds near 4-mth high on China growth, Ukraine worries

Posted on 26 February 2014

Gold price ticked lower on Tuesday but held near its strongest level in four months, underpinned by concerns about economic growth in China and nervousness over Ukraine after acting President Oleksander Turchinov warned that his country was close to default.
An increase in holdings on bullion-backed exchange-traded funds also could also reflect renewed interest from investors, although bullion will have to crack key technical resistance levels before it can move higher……………………………………….Full Article: Source


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