Gold flirts with 2000 as US equities continue to encounter a dramatic selloff
Gold flirts with $2000 as U.S. equities continue to encounter a dramatic selloff Gold continues to gain value based upon rising inflation levels and the current crisis in Ukraine. The combination of geopolitical tensions and high levels of inflation are highly supportive of higher gold and silver pricing in the future. Also, major selling pressure resulting in lower prices in U.S. equities has market participants moving risk-on investment dollars into safe-haven assets. As of 3:35 PM EST, with approximately 25…