Gold futures surged on Monday on account of continued concerns over the situation in eastern Ukraine. Moreover, dollar weakened against a basket of major currencies ahead of the release of the Federal Reserve's April policy meeting minutes on Wednesday too influenced the prices.
Gold futures for June delivery settled up 0.09 percent at $1,294.50 an ounce on the Comex division of the New York Mercantile Exchange. While spot gold rose 0.1 percent to $1,293.86 an ounce.
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Tuesday 20 May 2014
Gold futures surge on Ukrainian concerns
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