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Gold soars on Russia-Ukraine fears, decrease greenback; Goldman reiterates $3,000 gold forecast

by Index Investing News
November 19, 2024
in Markets
Reading Time: 1 min read
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Nov. 18, 2024 6:30 PM ETSPDR® Gold Shares ETF (GLD), GDXIAU, SLV, SIL, SGOL, SIVR, GDXJ, PHYS, PSLV, NUGT, RING, OUNZ, SILJ, BAR, GLDM, AAAU, XAGUSD:CUR, XAUUSD:CURBy: Carl Surran, SA Information Editor

monsitj/iStock by way of Getty Photographs

Gold futures surged Monday to high $2,600/oz, snapping a six-session shedding streak, as renewed uncertainty over the Russia-Ukraine battle sparked a resurgence of safe-haven demand.

The Biden administration approved Ukraine to strike deeper into Russia with U.S.-supplied missiles, though critics stated



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