Gold Ends Up, Hits 3-Week High, on Safe-Haven Demand

(Kitco News) - Gold prices ended the U.S. day session higher, scored a three-week high and pushed back above the key $1,300 level Monday. Safe-haven buying was featured, as Russia-Ukraine tensions heated up during the weekend. The gold market bulls have also gained some upside near-term technical momentum. June gold was last up $7.00 at $1,309.00 an ounce. Spot gold was last quoted up $9.60 at $1,310.75. July Comex silver last traded up $0.044 at $19.59 an ounce.