A Fragile Path to Peace: Russia-Ukraine Development

Despite having an improved outlook following the early resolution of the Russia-Ukraine conflict, gold prices have not moved significantly. Here is what you should know:

  • There were no unacceptable decisions at the talks today; in fact, there was a better yield.
  • Trump said he could persuade Putin to release prisoners as a show of good faith, and Trump also promised the Ukrainian president 2 things:
  1. Participate in “security guarantees.” 
  2. Reserve discussion of territorial exchanges for direct talks with Putin.
  • President Putin told Trump he would accept security guarantees as part of building good faith in ending this conflict.
  • In return, Ukraine promised to buy “$100 billion in American weapons and another $50 billion deal to produce drones with Ukrainian companies,” which is financed by Europe, according to the Financial Times. 

Next Meeting, as per Bloomberg source:

  • Bilateral meeting: Ukraine told the reporter that it was President Putin’s idea to have another meeting with him first, which could take place within 2 weeks and focus on “territorial issues.”
  • Trilateral meeting: Trump proposed to have a meeting between President Zelenskiy and President Putin. No date has yet been confirmed, and they expect it to be within two or three weeks.

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