Gold futures rode investor fears over increased unrest in Ukraine on Monday and got an additional boost from declines in U.S. equities, setting the precious metal up for its highest close in three weeks.
Gold for June delivery rose $9.20, or 0.7%, to $1,312.10 an ounce on the Comex division of the New York Mercantile Exchange. Prices were poised for their highest close since April 14, tracking the most-active contracts.July silver added 6 cents, or 0.3%, to $19.61 an ounce.
Gold for June delivery rose $9.20, or 0.7%, to $1,312.10 an ounce on the Comex division of the New York Mercantile Exchange. Prices were poised for their highest close since April 14, tracking the most-active contracts.July silver added 6 cents, or 0.3%, to $19.61 an ounce.