Gold Jumps As Ukrainian Fighter-Jet Shot Down Over Donetsk

Tyler Durden's picture

Gold futures broke above $1315 as a double whammy of NATO threats and Ukraine headlines spark safe-haven buying:

  • *FIGHTER JET SHOT DOWN OVER REBEL-HELD EAST UKRAINE: AFP

10Y Treasury yields are under 2.43% and JPY is strengthening once again as carry trades are unwound.

 

As Bloomberg notes, Fighter jet shot down over East Ukraine, AFP reports, without citing where it obtained the information.

As AFP reports,

A Ukranian fighter jet was shot down on Thursday as it flew low over rebel-held territory in the east of the country, an AFP journalist witnessed.

 

The aircraft crashed into a field after an explosion and the pilot was seen parachuting out in an area some 40km east of the insurgent bastion of Donetsk

The reaction...