Gold Price Forecast: Holding ground amid mounting concerns

Western nations are studying more sanctions on Russia after Kyiv reported war crimes.Spot gold trades with modest intraday gains above the $1,930 threshold, little changed for a fifth consecutive day. Market players maintain the focus on Russia-Ukraine developments, as Moscow has moved troops away from Ukraine’s northern region. However, Kyiv reported the massive assassination of civilians and other war crimes, which resulted in Western nations announcing plans to add sanctions on the Kremlin.

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