Gold futures fall back a day after posting a 3-month high

February 15, 2022

New York (Feb 15)  Gold futures declined on Tuesday as some concerns surrounding a possible Russian invasion of Ukraine eased, dulling demand for the metal as a haven investment. Gold prices fell, in part, due to a possible Russia-Ukraine "pullback from brink of war, but one day does not end a crisis of this magnitude," said Jeff Wright, chief investment officer at Wolfpack Capital. April gold GCJ22, -0.68% fell $13.20, or 0.7%, to settle at $1,856.20 an ounce.

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