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Russia-Ukraine conflict - $100 gold price swings and volatility warning

Posted by David Ogden on February 27, 2022 - 5:57am

Russia-Ukraine conflict - $100 gold price swings and volatility warning

Gold saw $100 price swings on Russia's invasion of Ukraine. In an initial reaction, gold hit the highest levels since September 2020 but could not hold the gains. After markets received some clarity around new Russia sanctions, gold dropped back below the $1,900 an ounce level. Here's a look at Kitco's top three stories of the week:

3. Dramatic price swings: Gold price sheds $90, silver price sees sharp reversal as analysts warn of more volatility to come

2. Watch palladium, gold, and silver prices as the West sanctions Russia in response to the Ukraine crisis

1. Gold's path to $2k: Fed rate hikes won't hurt gold price rally this year, says Wells Fargo


 

By Anna Golubova

For Kitco News

Time to buy Gold and Silver on the dips


 


 

Corneliu Boghian thanks for info
February 28, 2022 at 5:39pm
Otto Knotzer Thanks for info
February 27, 2022 at 1:25pm