March 25, 2019

Gold is trading at $1,320.00 this morning, reaching its highest level in nearly a month as the US bond yield curve became inverted Friday, for the first time since 2007. Typically, long-term bonds have greater yields than short-term ones; when short-term yields become higher, the curve is inverted, which is an indicator of a coming recession. Stocks opened in the red again today after Friday’s steep sell-off as the US bond market and global growth concerns continue to rattle Wall Street.