How US midterm election and Russia-Ukraine war may impact gold investors - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Saturday, 12 November 2022

How US midterm election and Russia-Ukraine war may impact gold investors

Negative investor sentiment due to a rapid rise in global interest rates, a strong US dollar, and higher bond yields eased the glitter of gold throughout this year. London spot gold prices fell for the seventh consecutive month in October, shedding more than 10 percent since January. However, prices now stabilized above $1700 an ounce, gaining more than 7 percent from its recent lows.

from Commodities-Markets-Economic Times
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