Gold Jumps as Ukraine, Russia Tensions Mount in East

Gold prices gain on Friday as tensions between Russia and Ukraine intensify amid Russia’s escalation of military drills near the border. Safanad chief investment strategist John Rutledge tells TheStreet’s Joe Deaux that there may be some room right now for investors to buy the yellow metal, but he cautions that volatility remains the dominant theme. Looking ahead, Rutledge says he’s interested to see how gold reacts to the end of quantitative easing and how banks move afterwards.

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