Sino-Singapore Jingwei, February 22. According to comprehensive foreign media news, the escalating tensions between Russia and Ukraine have pushed gold prices to the highest level since June 2021.

  Gold prices retreated in choppy trading on Monday, according to Reuters Chinese, though doubts over the "Public Meeting" kept gold prices supported near an eight-month high hit earlier in the session.

  Spot gold closed higher at $1,905.63 an ounce, after hitting an intraday high of $1,908.03, its highest level since June 3.

Spot silver closed down at $23.938 an ounce, platinum rose to $1,074.6 and palladium rose to $2,388.36.

  Craig Erlam, senior market analyst at OANDA, said recent headlines related to Ukraine have slid risk appetite again, giving gold a strong boost to paring its previous losses.

"We're seeing some resistance around $1,900, but judging by how things are going, that could be difficult to sustain over time."

  According to the "Wall Street Journal" Chinese website, boosted by investor demand, gold prices have risen in 12 of the past 15 trading days, and they have achieved seven in the seven trading days as of last Monday. Continuous rise.

Investors worry that if war breaks out, other investments could suffer losses.

Investors admire gold's stability in turbulent times.

  The most actively traded gold futures hit $1,902 an ounce on Thursday, the highest settlement since June 2, 2021, after edging down 0.1% on Friday.

(Sino-Singapore Jingwei APP)