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

Gold volatile around $1,300 as traders weigh U.S. economy, Ukraine turmoil

Posted on 22 April 2014

Gold prices started the week under the key psychological barrier of $1,300 an ounce but managed to regain some momentum as Asian traders started to jump into the market.
“I think this buying right now is being driven by safe-haven demand as more traders come into the market,” said Victor Thianpiriya, commodity strategist at ANZ Research. “We saw another flare-up between Russia and Ukraine so this move appears to be a knee-jerk reaction.”……………………………………….Full Article: Source


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