The price of gold rose on Friday, with spot gold, the most actively traded form of gold, rising 0.6% to $1,852.60 an ounce.
The price of gold has been rising in recent weeks as investors seek safe-haven assets amid the economic uncertainty caused by the war in Ukraine.
Gold is seen as a safe-haven asset because it is not subject to the same inflationary pressures as other assets, such as stocks and bonds.
Gold is also seen as a store of value, and its price tends to rise when investors are worried about the future of the economy.
The war in Ukraine has caused a great deal of economic uncertainty, and investors are looking for safe-haven assets to protect their wealth.
Gold is one of the most popular safe-haven assets, and its price has risen as investors have become more concerned about the war in Ukraine.
The price of gold is likely to continue to rise in the near future, as investors remain concerned about the war in Ukraine and the economic uncertainty it is causing.
The price of gold could also rise if the Federal Reserve raises interest rates more aggressively than expected.1. Higher interest rates make it more expensive to borrow money, which can lead to slower economic growth.