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Gold price starts the week back above $1,900 but sees major volatility on further safe-haven demand he gold market continues to see significant volatility as Western nations react to the Russian invasion of Ukraine. Safe-haven demand pushed gold prices up 2% at the start of the Asian trading session, kicking off the new week on a solid note. However, analysts note that the precious metal still faces strong momentum in the U.S. dollar as the world's dominant currency in this…

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…

Is gold price at risk of a bigger pullback after $100 swings? After the initial geopolitical shock of Russia's full-scale invasion of Ukraine, gold has retreated below the $1,900 an ounce level. But analysts are still warning of high volatility ahead for the precious metal. The gold market saw price swings of around $100 during the last couple of trading sessions as markets reacted to the crisis in Ukraine. April Comex gold futures were last at $1,885.40, down 2.12% on…

Dramatic price swings- Gold price sheds $90, silver price sees sharp reversal as analysts warn of more volatility to come High levels of volatility are making their way through financial markets following Russia's attack on Ukraine, with gold seeing $90 price swings and silver posting a sharp reversal as investors digest the new geopolitical reality. The precious metals market saw strong gains for most of the day following Russia's full-scale invasion of Ukraine. Gold hit a 1.5-year high of $1,976.50,…

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…

Gold is making its move as markets hit with geopolitical shock and recession fears   Anna Golubova  Saturday February 19, 2022 12:38 Kitco News Share this article:   Gold is trading at the highest level in over eight months. And analysts project more gains as we head into a geopolitically uncertain long weekend. Here is a look at Kitco's top three stories: 3. Bitcoin is 'paying the price' for Wall Street's 'de-risking' plight 2. Potential Russian invasion of Ukraine could tip economies into…

What's next for gold price? Geopolitics shock markets, growth outlook at risk Don't be surprised to see some exaggerated moves in gold as the market goes into a geopolitically-tensed long weekend, analysts told Kitco News. But the outlook for gold remains bullish as the precious metal tests $1,900 an ounce. It has been chaotic trading in the stock market this week with piece-meal updates on the geopolitical situation in Ukraine keeping investors in a risk-off mood. Also, the repricing of…

Gold riding the momentum wave to an eight-month high Geopolitical uncertainty continues to dominate market sentiment, and gold has been able to ride this new wave of fear and momentum to an eight-month high of $1,900 an ounce. Despite gold's 3% rally this week, the question remains: can the precious metal hold on to this momentum if and when tensions between the U.S. and Russia start to ease. As I have mentioned before, this is one of the reasons why…