Investors continue to walk away from risk and turn to gold

Gold prices are rising on the background of the Russian-Ukrainian conflict. At the end of February they showed the most active dynamics since last May, having risen by 6.7%. Investors are betting on safe assets, which is traditionally considered this precious metal. Yesterday its troy ounce rose above $1,900 again and stood at $1,910.20 (+1.03%) by the evening. Due to geopolitical situation the main US stock indices closed mostly in the red - Dow Jones shed 0.49%, S&P 500 - 0.3%, NASDAQ added 0.41% in the last minutes of trading. European indices also finished trading in the red zone - DAX Germany lost 1.73%, FTSE 100 lost 0.42%, CAC 40 - 1.39%. Bourses of the Asia-Pacific region were in the plus by the end of the day with the growth of 0,73%, only Hang Seng decreased by 0,24%. Investors are now following the negotiations between Russia and Ukraine, the first round of which took place yesterday. According to macro strategist Homin Lee, the level of uncertainty will remain high in the coming weeks, Bloomberg reports.