LONDON: Gold prices steadied on Friday, paring earlier losses, and remained on track to end the month with a small gain.
Investors remain on edge over tensions between Russia and Ukraine after Ukraine said on Thursday that Russia had moved troops into the country. However, the impact of the escalating conflict has not been enough to sustain gold price increases.
Spot gold was flat at $1,289.46 an ounce at 1429 GMT, while US gold futures for December delivery were up 40 cents an ounce at $1,290.80.
Published in Dawn, August 30th, 2014
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