Comex Gold Lifted By Ukraine Tensions, U.S. Inflation, Profit-Taking By Shorts - Presented by: The Aol. On Network

Traders said, U.S. gold futures rose Wednesday on safe-haven buying on worries about the continuing crisis in Ukraine, a high U.S. inflation reading and short covering.As of 1:44 p.m. EDT, gold for June delivery was $9.80, or 0.8%, higher to $1,304.60 per ounce on the Comex division of the New York Mercantile Exchange. July silver was up 21.8 cents, or 1.1%, to $19.765 an ounce.



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