World gold prices increased sharply due to increased demand for safe havens. Kitco senior analyst Jim Wyckoff said that buying activities take place when the geopolitical situation is heating up, promoting stronger risk-avoidance sentiment.
Reports say Ukraine has carried out its first attack on a border region in Russia using long-range missiles supplied by the West.
On November 17, the New York Times reported that US President Joe Biden authorized Ukraine to use ATACMS missiles to attack deep into Russian territory. However, the White House has not yet issued an official statement.
RT reported that Russia has issued a stern warning to the US and its allies, declaring that any use of long-range missiles by Ukraine to attack deep into Russian territory would mean that major powers The West is directly involved in the conflict.
Russian Foreign Ministry spokeswoman Maria Zakharova stated that any such move would "completely change the nature of the Ukrainian conflict".
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