The Traderszone Network

Published in TZ Latest News 5 May, 2014 by The TZ Newswire Staff

Gold climbs to three-week high on Ukraine tensions, short covering

Gold jumped to a three-week high on Monday, gaining for a second straight session on short-covering and as rising tensions and violence in Ukraine burnished the metal’s safe-haven appeal. In the physical markets, Chinese prices were steady and trading on par with the global benchmark after the Labour Day holiday last week.