15.02.2022
News of the day, Tuesday, February 15
Gold has reached its 8 months top as the investors are in search of a safe haven while Russia-Ukraine tension rise. Despite all the diplomatic efforts to ease the Ukrainian conflict, gold price rises as such an asset ensure investors from economic risks. Apart from Russia-Ukraine military turmoil, there is a risk of possible drawbacks in the Federal Reserve System’s policy shifts. Experts suggest gold price might rocket above $1900 if troop movements happen.
According to the Russian Defense Ministry, the troops have begun to re-dislocate after the end of an army exercise session. Igor Konashenkov, a military official said “as soon as the army games are off, the troops will march to their permanent deployment points”.
Elon Musk has donated 5,044,000 Tesla shares to a charity, as the US Securities and Exchange Commission showed on Monday. The donation was equal to $5.74 billion, based on Tesla's share prices for the November 2021 period. This donation is reported to be one of the largest in history.
The price of Brent crude is $94.23, WTI — $92.92, GBP/USD — 1.3561, EUR/USD — 1.1348, and gold costs $1860.10 per ounce.
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