Gold Surges To 6-Month Highs

Angst in Asia overnight sparked another round of demand for the precious metal pushing gold up over $10 as copper crumbles and Chinese corporate bond markets drop. At $1,363.97, gold is at its highest since September and breaking above its 1-year moving-average.

 

Intraday gold surged in Asian trading and is now well above the pre-Putin levels...

 

 

Gold breaks above its 1-year average...

 

Charts: Bloomberg

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