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

(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.