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Gold Gains as Ukraine Uncertainties Remain on Investors' Minds

Gold prices climb above $1,340 an ounce as uncertainties about Ukraine remain on investors' minds. RJO Futures senior market strategist Phil Streible tells TheStreet's Joe Deaux Monday's gain received a boost from dropping prices in U.S. equities. Gold sold off double-digits on Friday, but Streible says so long as Ukraine remains unstable, gold will find support. Streible adds if Ukraine is resolved soon, the yellow metal could tumble to again test $1,300 an ounce.