Gold and Oil Pared Gains As Ukraine Tensions Eased

Commodities fell as Ukraine tensions ease temporarily with Russia's Putin declaring he has no intention of annexing Crimea. Although market sentiment was lifted and stock markets rebounded, the front-month contract for WTI crude oil plunged -1.52% while the Brent crude contract declined -1.71% yesterday.

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Gold and Oil Pared Gains As Ukraine Tensions Eased