Gold prices today 22 February 2024
Gold prices today 22 February 2024 have reached more than USD$2,037 per ounce in international markets. The surge comes amidst many factors like escalating tensions in Eastern Europe, Gaza, Russian – Ukraine war which is driving investors towards safe-haven assets and Gold is always considered one of them.
Gold Demand is majorly driven by jewelry demand in India, China and US is also being a primary consumer.
Commodities prices in International Market
In comparison, other commodities have seen mixed performance. Crude oil prices have relatively down, with crude oil trading at around $78 per barrel. The same downward trend is seen for the prices of Iron ore which are down to $127 a tonne and it is expected to go further down. However, aluminum after few ups and down is moving at $2,230
| City | Gold (per ounce) |
|---|---|
| Sydney | AUD3090 |
| New Delhi | INR187647 |
| Tokyo | ¥302,404 |
| New York | $2,028 |
| Beijing | 14,572 |
| London | £1,606 |
| Moscow | 184571 |
Please note that these prices are indicative and may vary based on market conditions and currency fluctuations.