CUR - Gold surges to highest in more than a year as Russia attacks Ukraine

Gold futures surge to their highest levels since early 2021 and on track for their biggest daily rally in about two years, as Russia launches a full-scale invasion of Ukraine. April Comex gold (XAUUSD:CUR) +2.8% at $1,964.60/oz., the highest for a most-active contract settlement since January 2021, while March silver (XAGUSD:CUR) +3.3% at $25.36/oz. ETFs: GLD, IAU, NUGT, PHYS, SLV, SIL, SIVR, PSLV Gold could approach the record high of ~$2,075/oz set in 2020 if the conflict in Ukraine intensifies in Eastern Europe, ThinkMarkets analyst Fawad Razaqzada tells MarketWatch. The surge in gold comes even as the dollar jumped 1%, as measured by the ICE U.S. Dollar Index. Brent and WTI crude oil have jumped to levels not seen since 2014, with both benchmarks topping $100/bbl.

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Gold surges to highest in more than a year as Russia attacks Ukraine