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Gold hits $1,930 as Russia-Ukraine conflict intensifies, bitcoin falls

Posted by David Ogden on February 24, 2022 - 5:58am


Gold hits $1,930 as Russia-Ukraine conflict intensifies, bitcoin falls

Gold is up sharply after recent reports that the Russia-Ukraine conflict is intensifying.

Spot gold crested $1,930 an ounce Wednesday evening eastern time.

Bitcoin dropped, losing over 7% for the day and currently trading under $35,000.

According to reports by Reuters Russian President Vladimir Putin authorised a military operation in eastern Ukraine. Gunfire and explosion were heard over night in Ukrainian capitol, Kyiv.


 

By Michael McCrae

For Kitco News

Time to buy Gold and Silver on the dips


 

Otto Knotzer thanks for sharing
February 24, 2022 at 4:28pm
Corneliu Boghian thanks for info
February 24, 2022 at 6:11am
Simon Keighley Gold has always been a safe haven in times of uncertainty and geopolitical tensions - thanks for the update.
February 24, 2022 at 6:10am
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