Weekly

On February 15

Today's range:

Oil prices hit a near 8-year high, and expectations of higher inflation will also put pressure on Fed officials, reflecting a steeper curve for rate hikes. 10-year Treasury yields returned to 2%.

The dollar index also rallied to 96 points, but even that was not enough to hold back gold's rally as other data were irrelevant with Eastern Europe on the brink of war. Gold prices are expected to continue to go up repeatedly,

Until the situation in Eastern Europe clears up. Today's recommended range is $1862 to $1882.

As the standoff between Russia and Ukraine escalates, U.S. National Security Adviser Michael Sullivan said earlier that Russia has enough military forces to attack Ukraine in the coming days, while German media reported yesterday that,

Says that according to the U.S. government, Ross is planning a military strike on Wednesday. The unnerved news continued to weigh on investor sentiment, with Hong Kong shares closing lower, down 350 points or 1.41 per cent

Testing 24000 points of support. Russian troops are massing on Ukraine's border, and there are calls for war. If, as reported by the German media yesterday, Russian forces do attack Ukraine on Wednesday, it will greatly increase the European economy

Risks to the economy and corporate profits are also set to spread around the world, leading to a recession. The Russian stock market, at the heart of the fighting, plunged more than 5 percent, while Europe's three biggest stock markets fell twice in a row, including Germany's DAX index

Fell 2.02%; France's CAC index in Paris fell 2.27%; Britain's FTSE 100 index fell 1.69 percent.

International crude oil prices hit a nearly eight-year high, with The New York benchmark closing above $95 for the first time since 2014, as a Goldman Sachs report said fed rate hikes would do little to curb rising commodity prices, signaling inflation

The rate will continue to rise; Further attacks on capital markets; Coupled with the instability in Eastern Europe, Wall Street's three major indexes fell for a third day in a row. The Dow was down 0.49%; The STANDARD & Poor's 500 index fell 0.38%; Nasdaq falls

0.24%. Oil prices hit an eight-year high and expectations of higher inflation will put pressure on Fed officials to raise interest rates more steeply in March, pushing 10-year Treasury yields back to 2%.

Even so, with eastern Europe on the brink of war and no other data to speak of, gold continued to rally on safe-haven demand, hitting as low as $1,850.8 yesterday.

It traded as high as $1,874.2 before closing at $1,871.7, up $12.7.

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