Gold slumped with the benchmark Comex contract losing for a second consecutive day and ending the day at a 4-day low of 1359. The -1.01% decline was mainly driven by improved risk appetite as Russia’s President Putin signaled that he has no intention to seize any part of Ukraine after annexation of Crimea. US economic data was mixed.
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Gold Plunged as Putin Indicated No Intentions to Get More of Ukraine
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