Gold Steadies as Hormuz Standoff Keeps Inflation Risk High

Gold steadied as the US extension of a ceasefire with Iran left global markets grappling with the blockage of the Strait of Hormuz, impacting energy security and keeping inflation risks...

By Yihui Xie · Bloomberg Markets

Gold steadied as the US extension of a ceasefire with Iran left global markets grappling with the blockage of the Strait of Hormuz, impacting energy security and keeping inflation risks high.