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Ukraine crisis flares up commodities prices

Posted on 05 March 2014

The deployment of Russian military in Crimea is making global commodities markets traders jittery. As the tension between Russia and Ukraine flared up, speculative long positions were built in gold, which is generally seen as a safe haven during military hostilities.
It is still early days but if the situation gets out of hands and turns into a conflict then it will lead to rally in precious metals and create trouble for the Emerging Markets………………………………………..Full Article: Source


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VRS - who has written 39021 posts on Opalesque Commodities Briefing.


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