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Gold (XAU/USD) Hovers at $3350/oz, Russia-Ukraine Developments in Focus
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 ... (full story)
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From brecorder.com | Aug 18, 2025
Gold rose after hitting a two-week low, supported by lower U.S. Treasury yields as investors awaited U.S. President Donald Trumps meeting with Ukrainian President Volodymyr Zelenskiy and European leaders to discuss a peace deal with Russia. Spot gold was up 0.3% at $3,345.64 per ounce, as of 0156 GMT on Monday, after hitting its lowest level since August ...
U.S. special envoy Steve Witkoff said Sunday that Russian President Vladimir Putin agreed to allow the United States and European nations to give Ukraine Article 5-like protection as a security guarantee to bring an end to the war. We were able to win the following concession: That the United States could offer Article Five-like protection, which is one ...
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