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the USA and Germany promised that the Nord Stream pipeline from Russia to Germany which was to provide much-needed natural gas to Germany as Germany was stepping down its nuclear power capacities, would be shut down if Russia invades Ukraine. if this happens, Russia's economy would be damaged but there will be also a huge deficit in natural gas need in Germany and Europe. Russia provide 60% of natural gas to Europe so if Russia decides to cut supply to Europe in order pass a political motive, there would be a severe economic crisis in Europe and the ripple effect as we all know will trickle down to other continents.
most of you are not worried about this because you may think that there wont be war but as of yesterday, Russia forces started moving into disputed regions as this has been considered and an invasion by both Ukraine and other western countries and functions have started to be implemented.
there has been a gradual increase in value of Gold as it is seen as a face storage of wealth during times of crisis.