Gold futures mark highest finish in more than a year

33225 gold futures mark highest finish in more than a year

Gold futures climbed on Wednesday, with haven demand for the precious metal in the wake of the Russia-Ukraine crisis lifting prices to their highest finish since January of last year. “Precious metals continue to shine amid heightened geopolitical risks concerning Ukraine, a struggling global stock market and soaring inflation,” said Fawad Razaqzada, market analyst at ThinkMarkets. April gold GCJ22, +0.15% rose $3, or 0.2%, to settle at $1,910.40 an ounce – the highest finish for most-active contract since Jan. 7, 2021, FactSet data show.

Source: Marketwatch

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