Gold edged higher as investors assessed increasing geopolitical uncertainty and recessionary signals

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via bloomberg:

Gold edged higher as investors assessed increasing geopolitical uncertainty and recessionary signals.

Bullion rose as much as 0.6% on Monday after Russian mercenary leader Yevgeny Prigozhin’s extraordinary mutiny. Still, the upside for the haven was limited after Prigozhin suddenly halted his dramatic advance toward Moscow over the weekend.

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