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World
10:38, 07-Mar-2022
Gold rises above $2,000 an ounce on soaring Ukraine fears
Updated
10:59, 07-Mar-2022
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Gold rose to more than $2,000 in Asian trade on Monday morning as investors fled to the safe-haven commodity over fears about the impact of the Ukraine conflict on the global economy.
The precious metal hit a peak of $2,000.86 an ounce, its highest level since September 2020.
Read more:
Will gold face heavy sell-off once geopolitical tensions ease?
Source(s): AFP
