Gold is playing its age-old role as a safe haven in times of wars and crises, and people all over the world are piling in.
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Precious Metals set for weekly gain as war, Inflation spur charge into ETF
Gold headed for a second weekly advance, trading just below $2,000 an ounce, as the war in Ukraine and decades-high U.S. inflation lured a flood of investment into bullion-backed exchange traded funds.
Precious Metals see some profit booking as risk sentiment improves
Precious Metal fell from near a 19-month high as risk sentiment improved, despite ongoing concerns that the fallout from Russia’s invasion of Ukraine will further fuel inflation and hurt economies.
Gold near 19-month high as ban on Russian Oil spurs haven demand
Gold held near a 19-month high following a ban on Russian oil imports, as mounting concerns over inflation and economic growth boost demand for the haven asset.
Gold crosses $2000 mark on growing concerns over Geopolitical Tensions and Inflation
Gold briefly surged above $2000 to its highest prices since August 2020, as Russia’s unprovoked attack of Ukraine saw fresh escalation, and Western countries weighed leveling further sanctions on the Kremlin.
Precious Metals on sweet spot as war boosts safe-haven appeal
Precious Metal ended for its biggest weekly gain since July 2020 as the war in Ukraine fueled demand for haven assets.
Precious Metal limbs as haven demand gains on shelling of Nuclear Plant
Precious Metal climbed on increased demand for the haven asset, after the shelling of Europe’s largest nuclear power plant raised concerns over the safety of the facility in Ukraine.
Precious Metal climbs as sanctions raise concern over global growth
Precious Metal extended gains as investors weighed mounting risks to global growth from sanctions on Russia in the wake of its invasion of Ukraine.
Precious metal holds gain as concerns over Russia-Ukraine war lifts demand
Gold held an advance on fears that Russia’s invasion of Ukraine could turn more brutal, lifting demand for haven assets as investors weigh the fallout from the war and sanctions.
Precious metals climb as Russia-Ukraine conflict boosts demand for haven assets
Precious Metals climbs as Russia’s war against Ukraine boosts safe-haven demand for the precious metal. Meanwhile, Russian President Putin ordered the country’s nuclear-deterrence forces to be put on high alert.
Precious metals climbs as traders Weigh War, Sanctions Against Rate Hike
Gold advanced, with investors remaining on edge as they assessed the impact of Russia’s invasion of Ukraine and Western sanctions, against the imminent monetary policy tightening in the U.S
Precious metals climb to one-year high on Russia-Ukraine tensions intensifies
Gold advanced to the highest level in more than a year as tensions around Ukraine intensified, boosting demand for the haven asset.