| Gold prices fell to their lowest level in nearly four months, as investors abandon the precious metal amid easing tensions between Russia and Ukraine. Investors say they see little reason to hold gold now that the threat of a wider conflict has faded following the results of Ukraine's May 25 presidential election, which Russian President Vladimir Putin has said he is willing to recognize.
As well, indicators point to steady, if slow, growth in the U.S. economy, and stocks are rising. This lessens investors' desire to maintain exposure to an asset that doesn't offer any yield...........................................Full Article: Source
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