Gold slips as Ukraine crisis eases

New York (Aug 9)  Gold futures fell Friday on signs of easing East-West tensions as  Russia  ended military exercises near the  Ukraine  border. December gold dropped  $1.50  , or 0.1%, for the session to settle at  $1,311  U.S. an ounce on the Comex division of the  New York Mercantile Exchange  . For the week, the precious metal is up 1.3% to remain above  $1,300  U.S.

Source: KitcoNews