Back 20 May 2025

Gold eases as Russia-Ukraine ceasefire optimism curb safe-haven demand

Summary: Gold prices fell 0.4% to $3,217.50 per ounce due to a stronger US dollar and optimism about a Russia-Ukraine ceasefire. The US dollar’s rise made gold less attractive to non-US investors.

Link: https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-eases-russia-ukraine-ceasefire-optimism-curb-safe-haven-demand