Gold prices edge higher with focus on Ukraine-Russia, Jackson Hole
Investing.com -- Ukrainian President Volodymyr Zelenskiy has announced plans to speak with U.S. President Donald Trump later on Wednesday about the potential ceasefire between Ukraine and Russia, with a particular focus on energy facilities. This comes after Russian President Vladimir Putin agreed on Tuesday to temporarily halt attacks on Ukrainian energy facilities, although he did not endorse a full 30-day ceasefire.
Despite the leaders’ agreement to a limited ceasefire, both Moscow and Kyiv have accused each other of launching air attacks that damaged infrastructure mere hours after the agreement. During a joint briefing in Helsinki with Finnish President Alexander Stubb, Zelenskiy stated that Putin’s words were not enough and that Ukraine would provide a list of energy facilities it hopes the U.S. and allies would help monitor.
Zelenskiy expressed his desire for there to be control over the situation, stating, "I really want there to be control. But I believe that the main agent of this control should be the United States of America." He added that Kyiv would be ready to commit to a ceasefire, saying, "If the Russians will not strike our facilities, then we will definitely not strike theirs."
Earlier on Wednesday, Kyiv’s air force reported that it had destroyed 72 of the 145 drones launched by Russia overnight. In response, Russia’s defense ministry stated that its units had downed 57 Ukrainian drones.
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