Gold slips from over 8-month high as Biden-Putin meeting plans ease demand - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Sunday, 20 February 2022

Gold slips from over 8-month high as Biden-Putin meeting plans ease demand

Gold prices fell from a more than eight-month high hit earlier on Monday, as safe-haven demand eased after the U.S. president agreed to meet his Russian counterpart over the Ukraine crisis. Spot gold fell 0.2% to $1,893.80 per ounce by 0139 GMT, retreating from $1,908.02 - its highest since June 3 hit earlier in the session. U.S. gold futures were steady at $1,898.60.

from Commodities-Markets-Economic Times
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