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28 Feb 2014
Gold flat into Asia on $1,330.00
FXStreet (Barcelona) - ">Spot Gold made a run into $1,336.00 before losing eight dollars on the offer, currently consolidating that drop at $1,330.00.
Political and economic turmoil in Ukraine had been supporting gold on a day armed men took the parliament in the nation's Crimea region overnight and raised the Russian flag. Tensions there are mounting. Federal Reserve Chair Janet Yellen was speaking today and said the cold weather is to blame for slower economic progress. The dollar has also been contributing to the golds rise today but that was short lived. Gold is attempting to come back after dropping off the bull run from 1,344.00 that commenced last week at 1,308.00
Political and economic turmoil in Ukraine had been supporting gold on a day armed men took the parliament in the nation's Crimea region overnight and raised the Russian flag. Tensions there are mounting. Federal Reserve Chair Janet Yellen was speaking today and said the cold weather is to blame for slower economic progress. The dollar has also been contributing to the golds rise today but that was short lived. Gold is attempting to come back after dropping off the bull run from 1,344.00 that commenced last week at 1,308.00