Gold Climbs to Four-Month High as Ukraine Tension Boosts Demand
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Gold advanced to the highest in more than four months as escalating tension between Russia and Ukraine boosted demand for a haven. Silver climbed.
Ukraine said Russia’s navy ordered two of its ships in Crimea to surrender amid the worst standoff between the West and Russia since the end of the Cold War. U.S. Secretary of State John Kerry is traveling to Kiev today and European Union foreign ministers discussed sanctions against Russia.