Gold Holds Decline on Renewed Hormuz Blockade and Hawkish Fed
Gold held a decline as escalating hostilities in the Strait of Hormuz and remarks by a US monetary policymaker raised the likelihood of interest-rate hikes to contain inflation.
By Yihui Xie · Bloomberg Markets
Gold held a decline as escalating hostilities in the Strait of Hormuz and remarks by a US monetary policymaker raised the likelihood of interest-rate hikes to contain inflation.