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Gold rises with Russia-Ukraine situation in focus

Spot gold rose 0.3% to $1,909.06 per ounce by 0204 GMT. U.S. gold futures fell 0.8% to $1,910.70.

February 25, 2022 / 08:19 AM IST
Gold, Gold Prices, Gold Rates

Gold, Gold Prices, Gold Rates

Gold prices rose on Friday, steadying after a volatile session, as investors reassessed the situation surrounding Russia's invasion of Ukraine and fresh sanctions against Moscow from the West.

FUNDAMENTALS

* Spot gold rose 0.3% to $1,909.06 per ounce by 0204 GMT. U.S. gold futures fell 0.8% to $1,910.70.

* The metal jumped more than 3% on Thursday to hit its highest level since September 2020 at $1,973.96, before reversing course to close lower.