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Gold Slides Below US$4,600 as Hormuz Crisis Lifts Inflation Fears
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Gold Slides Below US$4,600 as Hormuz Crisis Lifts Inflation Fears
NewsGhana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-slides-below-us4600-as-hormuz-crisis-lifts-inflation-fears/Gold has fallen to its lowest level since late March, dropping below $4,600 an ounce as the unresolved closure of the Strait of Hormuz drives oil prices higher and raises the prospect of prolonged elevated interest rates, stripping the metal of its traditional safe-haven appeal. Spot g…
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