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Putin's approval of the new version of Russia's nuclear deterrence policy has triggered safe-haven demand, with gold rising for two consecutive days and returning above $2600.
Due to the escalation of tensions between Russia and Ukraine, the demand for safe-haven assets has increased, and gold prices have risen for two consecutive days.
Why Gold Is a Better Bet Than Stocks for 2025
Gold Holds Gain as Russia's Nuclear Shift Fans Demand for Havens
Risk aversion resurfaces! Gold prices may soar to $3,000 or higher.
With the escalation of the Russia-Ukraine conflict, traditional safe-haven sentiment has reemerged in the market.
Gold Price Soars as Geopolitical Tensions Increase Safe-haven Demand
Here's What Bond and Gold Traders Are Signaling About Russia's Nuclear Shift
10baggerbamm : if you are a gold bug and believe that gold will hit 2800 2900-3000 then you need to give serious consideration to the leveraged ETF NUGT. it has just built a base it is in the upward trend it sold off from over 60 to $37 it's back up to 41 right now as a result of gold being up 2 days in a row now that we have escalating tensions with Ukraine and Russia gold is back in favor.. we all know gold never vanishes it never goes away for any extended period of time frame.. that being said if you believe that gold will continue to appreciate then this ETF offers you the greatest upside potential return of any other gold related investment.
102188459 : Tq
MoiseWalumba : Good