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Home Forex News

Russia-Ukraine Tensions Power Gold to Eight-Month Highs

webbey by webbey
February 20, 2022
in Forex News
0
Russia-Ukraine Tensions Power Gold to Eight-Month Highs


Escalating tensions between Russia and Ukraine have boosted gold prices to their highest levels since June. 

Gold has gained in 12 of the past 15 sessions, including seven straight through Monday, lifted by demand from investors nervous that an outbreak of war could spark losses in other investments. Investors prize gold for its stability in times of turmoil. 

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