Gold rises above $4,130 as geopolitical uncertainty supports safe-haven demand - Yahoo Finance

Gold rises above $4,130 as geopolitical uncertainty supports safe-haven demand - Yahoo Finance

Source: Yahoo Finance

DW NOTE

Gold at $4,121 is down 22.5% from its January peak of $5,318. If geopolitical uncertainty were the driver, the metal wouldn't be collapsing while the Strait of Hormuz sits near-idle and Ukraine's President is sacking generals mid-war. Safe-haven demand is a story markets tell themselves when they've run out of buyers.

Read the full story at Yahoo Finance →