Gold Climbs to Four-Month High as Ukraine Tension Boosts Demand

Gold advanced to a more than four-month high in New York as concern of a conflict between Russia and Ukraine boosted demand for a haven. Silver climbed.

Ukraine put its forces on combat readiness over the weekend after Russian President Vladimir Putin got parliamentary approval to send troops into its southern neighbor. U.S. President Barack Obamawarned Russia not to intervene and Secretary of State John Kerry travels to Ukraine today to offer support as Russian troops occupy the Black Sea region of Crimea.

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