| 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
|