Demand for the precious metal, which is considered a safe haven in times of financial or political turmoil, has been growing Gold prices have been hovering near record highs this week on renewed investor concerns of a deepening US financial crisis and the possibility of a recession this year.

Moscow has reported several attacks in one day from Ukrainian territory in border areas Another Russian village located near the border with Ukraine was shelled on Thursday, Vyacheslav Gladkov, the governor of the Belgorod Region, has claimed. Earlier on Thursday it was reported that two Ukrainian helicopters were responsible for an attack on the border…

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