Can dear gold save investors in current global bloodbath?

A vendor arranges gold bangles in a glass case at a jewellery shop in China. FILE PHOTO | NMG

Russia's attack on Ukraine sparked volatility and fresh uncertainty in global markets. And if there was a corner of the market that had a full share of investors scrambling is the gold market.

Prices of the yellow metal rallied to as high as Sh223,000 after the Russia invasion - a nine per cent rise from the Sh203,400 level it traded at the beginning of February.

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