Gold and Commodities

Gold Firms Above $2,000 As Inflation, Ukraine War Support Metal

Gold Firms Above $2,000 As Inflation, Ukraine War Support Metal
Gold bars and coins are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, on Aug. 14, 2019. Michael Dalder/Reuters
Andrew Moran
|Updated:

Gold prices stayed above $2,000 per ounce on Thursday as 40-year high inflation and the Ukraine-Russia conflict supported the precious metal.

April gold futures surged about 1 percent to climb above $2,000 an ounce on the COMEX division of the New York Mercantile Exchange.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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