Gold at 3-Week High on Ukraine Tensions




Spot gold rose to a three-week high of $1,328.30 an ounce before settling to trade up 0.6 percent at $1,325.50 by 0030 GMT
The United States is prepared to step up sanctions against Moscow if pro-Russian military actions in eastern Ukraine continue, a senior U.S. envoy said. The next round of U.S. sanctions are expected to target Russian business sectors such as mining, banking and ene
SPDR Gold Trust GLD, the world's largest gold-backed exchange-traded fund, said its holdings fell 1.80 tonnes to 804.42 tonnes on Friday.


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