Gold recovered a bit on the current trading session after falling to the lowest level in more than a month on the previous session. The drop followed
The precious metal has rallied to the highest level this year at the middle of March on concerns about a conflict between Russia and Ukraine. The metal gave away a solid part of its gains after Crimea seceded from Ukraine and joined Russia without any major trouble. Gold may yet resume its rally as there are rumors that the Eastern European countries are amassing their military forces at the borders.
June futures for gold advanced $2.4 (0.18 percent) to $1,305.8 per troy ounce as of 23:35 GMT on COMEX today after falling to $1,300.8, the lowest price since February 14.
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