Articles by Myrsini Giannouli

Gold reached a two-month high of $1,853 per ounce on Tuesday, as investors sought safe-haven assets, threatened by the Russia-Ukraine crisis and the stock market turmoil at the beginning of the week.

WTI prices continued rising early on Wednesday, ahead of the Federal Reserve announcement.

Cryptocurrencies have come under pressure the past few months amid expectations of a more hawkish monetary policy by the Fed and other major Central banks.

After a tumultuous day for stocks, commodities and currencies on Monday, global markets continued showing high volatility on Tuesday.

Gold continued trading in an uptrend on Tuesday, above its $1,829 per ounce resistance level, supported by rising geopolitical tensions and market volatility.

On Monday, WTI price fell amid a global stock sell-off, plummeting to $82.4 per barrel, before climbing again to above $84.6 per barrel.

Bitcoin, Ethereum, and other major cryptocurrencies exhibited high volatility on Monday, amid the global stock market turmoil.

Global stock markets plummeted on Monday morning over fears of a Russian incursion into Ukraine and the Dow went down by over 1,000 points but rallied again later in the day.

Brent crude climbed to over $88 per barrel and WTI rose to over $86 per barrel last week, the highest price in seven years.