Why Ukraine Unrest is Negatively Influencing Gold Prices
Gold prices fall for the third-consecutive session on Tuesday as general interest in the asset remains limited and Deutsche Bank writes in a note that rising unrest in Ukraine may be negative for gold.
Gold prices fall for the third-consecutive session on Tuesday as general interest in the asset remains limited. Aurum Options Strategies principal gold trader Paul Sacks tells TheStreet's Joe Deaux that the yellow metal can't shake downside momentum. Additionally, Deutsche Bank writes in a note on Tuesday that rising unrest in Ukraine may be negative for gold. Find out why their analysts make this case, and see what Sacks thinks about the seemingly counter-intuitive argument.
