Gold clears $1,900/oz level as Ukraine standoff intensifies - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Thursday, 17 February 2022

Gold clears $1,900/oz level as Ukraine standoff intensifies

Gold prices on Friday were at their highest since June 2021 as mounting tensions between Russia and the West over Ukraine lifted bullion's safe-haven appeal, buttressed by lower U.S. bond yields. Spot gold rose 0.3% to $1,902.20 per ounce, as of 0033 GMT, its highest in eight months. U.S. gold futures added 0.1% to $1,904.30.

from Commodities-Markets-Economic Times
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