Gold rose to near its highest level in three weeks on Wednesday , benefiting from a weaker dollar and rising tensions in Ukraine , which encouraged demand for the metal as a safe haven .

The violence erupted on Tuesday in the port of Mariupol in eastern Ukraine , where spokesman told the pro- Moscow, ITAR -Tass news agency that the person was killed and three others wounded in an attack on a checkpoint .

Rose spot price of gold up 0.2 percent to 1309.90 dollars an ounce after hitting earlier in the highest level of the session at 1313.50 dollars. But yesterday, the highest price of the metal in three weeks, when it reached 1315.60 dollars on Monday .

Silver rose 0.5 percent to 19.61 dollars per ounce . Platinum fell 0.1 percent to hit U.S. $ 1450.5 , while palladium rose 0.1 percent to 814.5 dollars per ounce

Leave a Reply