Gold Futures Up $12.40 This Morning

The price of gold futures rose to the highest level since mid-March as investors buy gold as a safe haven amid concerns over the Russia-Ukraine crisis.

Gold futures rose $12.40, or 0.63%, to $1,987.30 an ounce.
Silver contract rose $0.28, or 1.11%, at $25.98 an ounce.
The platinum contract was up $14, or 1.42%, at $25.77 an ounce.
The palladium contract rose $32 or 1.40% at $2,318 per ounce
Rhodium contracted slightly at $17,900 an ounce.

The Russian-Ukrainian war continues to drive safe-haven buying. According to the latest report, the Ukrainian military refused to obey Russian orders threatening to disarm yesterday after the Russian army claimed to have taken control of the eastern city of Mariupol.

Volodymyr Zelensky, President of Ukraine, held talks yesterday with International Monetary Fund (IMF) Managing Director Kristalina Georgieva to assist Ukraine in post-war reconstruction and financial stability.

The Spot Market is Open

Monday, April 18, 2022

Metals
Update at
USD
Bid/Ask
Ounce
Change

Low/High
Gold
15.00
1,992.70
1,993.70
+18.50
0.94%
1,972.00
1,994.60
Silver
15.00
25.87
25.97
+0.20
0.80%
25.61
26.10
Platinum
15.00
1,004.00
1,014.00
+16.00
1.62%
988.00
1,016.00
Palladium
15.00
2,324.00
2,474.00
+38.00
1.66%
2,285.00
2,487.00
Rhodium
05.00
17,900.00
19,900.00
0.00
0.00%
17,900.00
19,900.00

Leave a Reply

Change Language
%d bloggers like this: