Gold Regains Allure As Safe Haven From Emerging Markets

Gold has profited from its allure as a safe haven from turmoil in emerging markets and elsewhere early this year, particularly as tension over Ukraine and the Crimea region continues. Prices have been lifted from about $1,200 per ounce on Jan. 1 to about $1,300 per ounce on Thursday, touching highs of $1,382 per ounce earlier in March as tensions mounted in Ukraine.