Zero Hedge
March 12, 2014

Angst in Asia overnight sparked another round of demand for the precious metal pushing gold up over $10 as copper crumbles and Chinese corporate bond markets drop. At $1,363.97, gold is at its highest since September and breaking above its 1-year moving-average.

Intraday gold surged in Asian trading and is now well above the pre-Putin levels…

20140312_gold1_0

Gold breaks above its 1-year average…

20140311_gold1_0

Charts: Bloomberg


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