Gold Falls From Six-Month High on Job, Retail-Sales Gains
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Gold futures gained to a six-month high on concern that tension between Russia and Ukraine may escalate, spurring demand for the precious metal as a store of value.
Shots were fired near the Ukraine border by a Russian armored vehicle when a Ukrainian Border Service patrol plane was inspecting the area, Ukraine said in a statement on its website. Russia, which may “integrate” Ukraine’s Crimean region after a referendum, has rejected attempts to de-escalate the crisis, German Foreign Minister Frank-Walter Steinmeier said. A gauge of global equities fell for a fifth session, the longest losing streak since November 2012.