HIGH DEMAND: We cannot guarantee our usual delivery service. Orders will be dispatched within 1-3 working days.

Open menu Close menu Menu
Open charts menu Close charts menu Charts

Call us: 0121 634 8060, 7 days, 7am - 10pm

Free Insured Next Day Delivery

Ounce Gram
Gold £1266.44 £40.717
Silver £14.005 £0.4503

Updated 18:40 25/02/20

£ $

Gold falls as tensions ease in Ukraine


Adam Pike, News Editor
4 Mar 2014, 10:50 a.m.

Gold has fallen from its recent four month high as tensions eased overnight in the Crimea peninsula.

Gold reached $1,354.87 per ounce yesterday its highest level since 30th of October as Russia and the Ukraine threatened each other over the war ships based in the strategic port of Sevastopol.

Gold eased back after Russian president Vladimir Putin ordered troops position in Western Russia back to their bases and Ukraine Prime Minister confirmed he wanted to find a diplomatic solution to the dispute.

U.S. consumer data released yesterday beat market expectations fuelling speculation that the Fed may continue with its tapering of quantitative easing. The Feds next meeting is scheduled for the 18th and 19th of March.

View original source at: www.bloomberg.com

comments powered by Disqus