Gold (XAU/USD) Hovers at $3350/oz, Russia-Ukraine Developments in Focus
From marketpulse.com
Gold prices have rallied from an overnight low around the $3323/oz handle to a high of $3360/oz before settling around the $3350/oz mark.The precious metal looks set to continue its choppy price action at the start of a busy week. The recovery in Gold from the overnight low could in part be down to lower US Treasury Yields with the benchmark 10Y US Treasury yield falling from its recent highs. European leaders will meet with Zelenskiy and Trump on Monday to discuss a possible deal to end the Russia-Ukraine war. Under the proposed plan, Russia would give up small areas of occupied Ukraine, while Ukraine would give up ...
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