💨 Abstract

Gold prices slipped from a one-week high on Wednesday as the dollar strengthened, but safe-haven demand due to the Russia-Ukraine crisis capped losses. Spot gold was down 0.4% at $2,622.22 per ounce, while U.S. gold futures dropped 0.2%. The dollar rebounded after hitting a one-week low, making gold more expensive for overseas buyers.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖