23.07.2014 - Gold price gains on geopolitical uncertainty
Weakness on equity markets helped gold prices rise slightly on Monday as heightened geopolitical tensions in Ukraine and Gaza boosted the demand for safe-haven assets. Gold for August delivery was 0.3% higher at $1,313.90 per troy ounce on the Comex division of the New York Mercantile Exchange. The metal declined by 2% last week as comments from Federal Reserve Chair Janet Yellen about a possible sooner-than-expected rise in interest rates sent the dollar to a four-week high against 10 major currencies...............................................Full Article: Source
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