Gold price volatile as key section of U.S. yield curve inverts, Russia promises to de-escalate

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Kitco News

(Kitco News) – Recession signals were front and center as a key section of the U.S. yield curve inverted and the gold market retreated back to below the $1,920 an ounce level. Markets also digested Russia promising to reduce its attacks on Ukraine and Philadelphia Fed President Patrick Harker stating recession in the U.S. can be avoided.

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