Gold hits near nine-month high as Ukraine crisis deepens - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Monday, 21 February 2022

Gold hits near nine-month high as Ukraine crisis deepens

Gold prices hit a near nine month-high on Tuesday, after Russia ordered troops into breakaway regions of eastern Ukraine, boosting demand for the safe-haven metal. Spot gold was up 0.2% at $1,909.54 per ounce, as of 0035 GMT, after scaling its highest since June 1 at $1,913.89 per ounce earlier. U.S. gold futures gained 0.7% to $1,913.60.

from Commodities-Markets-Economic Times
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