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Gold Holds Above $1,300 as U.S. Economy Assessed With Ukraine

From bloomberg.com

Gold held above $1,300 an ounce, heading for a weekly decline, as investors weighed signs of an improving U.S. economy against tension in Ukraine. Assets in the largest exchange-traded product sank the most this year. Bullion for immediate delivery traded at $1,303.65 an ounce at 8:55 a.m. in Singapore from $1,302.53 yesterday, when prices reversed losses after Ukraine accused Russia of fueling terrorism in its eastern provinces. The metal is 1.1 percent lower this week, set to snap a two-week advance, according to Bloomberg generic pricing. While gold ended a 12-year bull run in 2013 on expectations the Federal ... (full story)

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