Gold rises further, reaches 6-month highs

FXStreet (Córdoba) - Spot gold is rising early in Asia and recently climbed to $1,376.40 hitting the highest price since September 10, 2013. The price is rising for the fourth day in a row.

During Thursday's American session the price rebounded at $1,365 and rose back to the $1,375 area as stocks tumbled in Wall Street amid fears over the situation in Ukraine.

XAU/USD up $150 so far

The yellow metal accelerated to the upside three days ago after breaking above $1,355. Since the beginning of the year the price of the ounce is rising almost 15%, recovering after falling in December to $1,180.