Gold Price Forecast: XAU/USD to continue rising on further sanctions against Russia – Commerzbank Gold XAUUSD Ukraine RussianFederation Banks
Gold in demand as safe-haven and store of value
“The ongoing high safety needs of market participants are probably behind the buying interest, as the war in Ukraine is continuing unabated and the West may well agree on new sanctions against Russia today.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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