Gold Slips Toward $4,600 as Trump’s Iran Strait Ultimatum Drags on Markets
Gold fell toward $4,600 on Monday, extending losses after Trump warned Iran of possible strikes if the Strait of Hormuz isn’t reopened. Despite rising geopolitical tensions, gold is down about 12% since the conflict began, pressured by higher inflation expectations, potential rate hikes, and investor liquidations.
u/Sanaa_24 — 24 hours ago