Gold Jumps After US and Iran Reach Deal to Reopen Hormuz Strait
Why does this event matter?
Gold and silver rallied after the US and Iran reached an interim deal to end hostilities and reopen the Strait of Hormuz, easing global inflation fears and potentially tempering expectations for interest-rate hikes.
Gold and silver rallied after the US and Iran reached an interim deal to end hostilities and reopen the Strait of Hormuz, easing global inflation fears and potentially tempering expectations for interest-rate hikes.
