Australian Investment Blog

Gold is bouncing on Russia-Ukraine tensions. Should we be buying?

The initial and obvious comment is that if tensions between Russia and Ukraine escalate of control, the gold price is likely to continue climbing. However, trading / positioning investments around potential world conflicts and events is obviously extremely hard. I would rather look at the current path of least resistance for a stock and its overall fundamentals, while maintaining an eye in the rear view mirror for potential risks to any positions resulting from specific events. I remain bearish gold and its respective stocks at present so any conflict that sends gold and its stocks higher will simply be a move that I do not participate in.