Gold Prices Fall Despite Ongoing War And Surging Inflation
It seems that the stalemate in Ukraine has slowed down gold’s bold movements. Will the Fed’s decision on interest rates revive them again? The tragedy continues. As United Nations Secretary-General António Guterres said yesterday, “Ukraine is on fire and being decimated before the eyes of the world.” There have already been 1,663 civilian casualties since the Russian invasion began. What is comforting in this situation is that Russian troops have made almost no advance in recent days (although there has been some progress in southern Ukraine). They are attempting to envelop Ukrainian forces in...