Gold Price Nears — 3-month Peak As Ukraine Tensio...

: Spot gold is currently trading near $4,690 per ounce . Geopolitical Impact :

Current stabilization as traders weigh peace talks vs. inflation. Gold price nears 3-month peak as Ukraine tensio...

The "3-month peak" mentioned in various reports often refers to recurring rallies sparked by escalations in the Ukraine conflict. Gold Price Milestone Primary Driver ~$1,900/oz Initial Russian invasion of Ukraine. Late 2024 ~$2,680/oz : Spot gold is currently trading near $4,690 per ounce

Earlier in 2026 (January 29), gold futures reached a record peak of in India (approximately $5,600 per ounce globally) due to heightened fears of conflict escalation. 680/oz Earlier in 2026 (January 29)