Gold spikes, bitcoin falls on geopolitical troubles
Spot gold hit a 20-month high, cresting $1,940 an ounce on Wednesday, when news of the Russian invasion of Ukraine broke. On Firday Mining Audiences and Data Intelligence Manager Michael McCrae discussed the week's events with Kitco correspondent Paul Harris. In contrast to gold, Bitcoin dropped, losing about 7% for the day and trading under $35,000.
Kitco NEWS Roundtable · Paul Harris, Michael McCrae
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Show Notes
Spot gold hit a 20-month high, cresting $1,940 an ounce on Wednesday, when news of the Russian invasion of Ukraine broke.
On Firday Mining Audiences and Data Intelligence Manager Michael McCrae discussed the week's events with Kitco correspondent Paul Harris.
In contrast to gold, Bitcoin dropped, losing about 7% for the day and trading under $35,000.