Gold Prices Erase Gains as U.S. Employers Boost Payrolls
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Gold advanced the most since mid-March as tensions between Russia and Ukraine increased, boosting demand for the precious metal as a haven.
Ukraine sent armored vehicles and artillery to retake Slovyansk, a stronghold for pro-separatist forces, defying President Vladimir Putin’s demand to pull back troops with Russia’s army massed across the border. Gold earlier fell as much as 0.7 percent after a government report showed U.S. employers boosted payrolls in April by the most in two years.