Gold Prices Surge Amid US-Russia Tensions and Market Volatility
TL;DR
Gold and natural gas prices surged as geopolitical tensions between the US and Russia escalated, following reports that President Biden authorized Ukraine to use American missiles against Russia. This policy shift has increased market volatility, with European equities declining and energy prices rising due to fears of supply disruptions. The situation is further complicated by North Korean troops aiding Russia and Gazprom halting gas supplies to Austria, raising concerns about energy shortages in Europe.
- Gold, Natural Gas Prices Rally As US-Russia Tensions Escalate Over Ukraine's Long-Range Strikes Benzinga
- Gold surges on softer dollar, Russia-Ukraine tensions Reuters
- Gold Loses Some Luster After Trump’s Decisive Win Bloomberg
- Gold Rallies $50 from Comex Trump Slump | Gold News BullionVault
- Gold is still on track despite severe selloff - State Street’s George Milling-Stanley Kitco NEWS
Want the full story? Read the original reporting
Read on Benzinga