Gold in positive territoriy ahead of US session with US and Russia talking over Ukraine
Ukraine talks are spurring risk assets and the Euro (EUR) against the US Dollar (USD). This, in turn, triggers a softer US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, which is beneficial for Gold.
Putin Praises Russia-U.S. Talks, Says Ukraine Won't Be Excluded
President Vladimir Putin on Wednesday praised the outcome of Russia-U.S. talks in Saudi Arabia and said that Ukraine would not be excluded from negotiations to end the war. "Without increasing the level of trust between Russia and the United States,
Gold was steady near a record high, with fresh tariff threats from President Donald Trump and mounting geopolitical ...
The slump in gold reserves comes amid record-breaking prices for the precious metal. Russians are piling up on what is considered a safe-haven asset in response to high inflation and strict sanctions ...
Gold has served as a lifeline for the Russian government and economy in the wake of aggressive sanctions after it invaded Ukraine. It has also served as a lifeline for the Russian people.
The London Bullion Market Association (LBMA), a club of large banks that acts as the supervisor of the world's most important gold market, has drawn a distinction between newly produced Russian ...
Switzerland is the world's biggest refining and transit centre for gold and Russia is one of the biggest bullion producers. Western sanctions on Russia have not directly targeted commercial ...
Investor sentiment toward trade policy, inflation, interest rates, and equity volatility will continue to shape bullion’s ...
While U.S. officials characterized the talks as the first step in a peace deal, the Russians are portraying them as a way to ...
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