The Wall Street Journal
Russia-Ukraine Tensions Power Gold to Eight-Month Highs
Escalating tensions between Russia and Ukraine have boosted gold prices to their highest levels since June. Gold has gained in 12 of the past 15 sessions, including seven straight through Monday, lifted by demand from investors nervous that an outbreak of war could spark losses in other investments. Most actively traded gold futures hit $1,902 a troy ounce on Thursday, their highest settlement value since June 2, and ticked down 0.1% on Friday.