World gold at $ 2,000

As uncertainty over the Russia-Ukraine conflict has reduced market risk and pushed investors toward safe-haven assets such as gold, gold prices are trading at their highest level today, Reuters reported. The figure arrived in mid-March.

Gold traded up $ 14.41 an ounce in global markets at $ 1992.65, the highest level since March 11.

Isaac Spivak, a strategist at Daily Fox, said there seemed to be some risk aversion in the market, given the threats to the situation in Russia and Ukraine.

At the same time, he warned, weak liquidity could potentially push up prices.

In times of political and economic crisis, gold is seen as a safe source of investment.

China’s economy shrank in March due to severe damage to consumption, real estate and exports, and shone faster than expected in the first quarter. Corona And the conflict in Ukraine had weakened.

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