From Financial Modeling Prep: 2024-11-22 05:29:15

Gold prices surged on strong weekly gains due to escalating geopolitical tensions between Russia and Ukraine. Investors turned to gold as a safe-haven asset amid market uncertainty. Factors driving the rally include geopolitical tensions, a weaker U.S. dollar, inflation concerns, and market volatility.

The surge in gold prices reflects investor caution amidst geopolitical and economic uncertainties. By utilizing tools like the Commodities API and Economics Calendar API, investors can monitor trends and make informed decisions in the evolving market landscape.



Read more at Financial Modeling Prep:: Gold Prices Surge Amid Russia-Ukraine Concerns