Gold prices may fall once Russia’s war on Ukraine stops. The fall may be sharp but the rebound may be sharper, and it may last much longer, according to James Anderson, a prominent voice in the US bullion market.
If the three-and-a-half-year-long battle between Russia and Ukraine comes to an end, it may reduce the risk aversion in global markets that propelled gold prices from less than $1,900 an ounce to over $3,300 since the Russian invasion began in February 2022.
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