Mining News

Gold pushes above $1 900 as Ukraine crisis spurs haven demand

Gold advanced to an eight-month high above $1 900/oz as the prolonged standoff over Ukraine stoked demand for havens.

The US ramped up warnings of a possible Russian attack, with President Joe Biden saying a “false-flag” event may be under way. Moscow said no invasion was planned, but given proposed US security assurances were unsatisfactory, Russia might have to resort to “military-technical measures.”

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