February Gold News 2022

Brent crude has peaked today at just over $99 per barrel following last night's mobilisation of Russian troops into eastern Ukraine on what Russian president Vladimir Putin described as a "peacekeeping" mission.

Gold and silver have both kicked off the week with further gains on growing tension over Ukraine and Russia. Increasing rhetoric and warnings of a potential invasion have spooked stock markets, and spurred safe haven buying from investors.

The UK is facing a “generational cost of living crisis” according to The Telegraph newspaper, with the Bank of England raising interest rates to 0.5% as new data forecasts 7.25% inflation by April.