HomeMarketsIndicesImpact Of Russia's Invasion Of Ukraine On Metals, Gold Up 3%

Impact Of Russia's Invasion Of Ukraine On Metals, Gold Up 3%

Safe haven rallies in gold futures (/GC) like this are the most reliable driver for higher gold prices but they tend to be short lived, says Everett Millman of Gainesville Coins. He points to 2014 as a historical reference, the last time Russia made incursions into Ukraine. He explains the Russian Central Bank has a very large stockpile of gold. Everett and Ben discuss how aluminum and nickel hit all-time highs as Russian supply concerns surface. Lastly they discuss copper futures (/HG), bitcoin futures (/BTC) and other metals such as palladium (/PA).

Futures

24 Feb 2022

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