Gold prices pop Wednesday as Russian troops build near Ukraine’s eastern boarder. ETF Securities U.S. research director Mike McGlone tells TheStreet’s Joe Deaux the Ukraine crisis provides gold luster as a safe haven investment, but also says Chinese economic slowdown concerns add to the price gains. McGlone says if the Ukraine crisis calms down, there is a reasonable chance that gold falls to test the $1,300 an ounce price level. Gold on Wednesday rose as much as $22.
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