Gold, U.S. Dollar On The Rise As Putin Announces Partial Military Mobilization

21 September 2022

This is a big worry for investors as political instability can lead to a further decline in the market’s risk profile. As a result of the speech, there was a spike in the US Dollar and gold, both of which are considered to be safe haven assets. This is also a rare occasion where gold and the USD simultaneously increase in value.

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