TOKYO -- The crisis over Ukraine pushed gold to a one-year peak last week before a sharp reversal, and the price volatility widened a gulf between bulls and bears of the precious metal that has been growing for months.

Some analysts say benchmark gold prices could surge above $2,000 an ounce as the Ukraine crisis unfolds. Others predict rising interest rates will dull the precious metal's luster. (Source photo by Reuters)
Bulls say the metal is a safe haven but bears point to rising interest rates