What is the connection between the price of gold and civil war in Ukraine? Simple—gold has long been a refuge in times of political turmoil. When investors and savers realize the severity of a threat to their wellbeing, they rush to gold to protect their wealth,...
Gold jumped $22 an ounce on news that a Malaysian Airlines flight (MH17) was shot down over eastern Ukraine. Later in the day, all signs were pointing to a missile strike on the aircraft, and persuasive evidence was developing that Russian-backed rebels launching a...