- The price of gold has increased by 6.5% to reach an 18-month high of $1,973.96
- Palladium has also increased by 5.1% in value for the third consecutive month
- Gold is proving to be the main safe-haven asset with the growing tensions
- StraightUp acknowledges a change in shareholders’ willingness to take more risks but looks to capitalize on opportunities that present themselves, specifically with the increase in the price of gold
Back in 2020, organizations worldwide had to deal with the pandemic and the geopolitical risk it presented. At that time, the situation affected investment and, more importantly, investors’ risk-taking appetite, mainly citing geostrategic, regulatory, and even political uncertainty (https://ibn.fm/6Tuu0).
Fast forward to 2022, and the world is dealing with a whole different situation – the Ukraine crisis. While it is obviously focused on Eastern Europe, the evolving issue is affecting…
NOTE TO INVESTORS: The latest news and updates relating to STUPF are available in the company’s newsroom at https://ibn.fm/STUPF
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