The Russian-Ukrainian crisis raises gold prices to the highest level in a month
Gold prices rose today, Monday, to touch their best level since mid-March, after the Russian-Ukrainian crisis pushed investors to a safe haven.
The price of gold in spot transactions rose 0.5% to $ 1984.20 an ounce (an ounce), the highest level since March 14, 2022. US gold futures also rose 0.8% to $ 1990.20.
The rise comes after gold achieved the second consecutive weekly gain, after most markets were closed on Friday for a holiday.
In turn, the benchmark US 10-year Treasury yields rose to their highest levels since December 2018.
The price of silver in spot transactions increased by 0.5% to $25.80 per ounce, the price of platinum rose by 0.8% to $997.50, and the price of palladium increased by 1.1% to $2393.67.
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