Finance

Gold Falls for Third Day as Iran War Heightens Inflation Risks

Gold extended a decline with the indefinite closure of the Strait of Hormuz continuing to heighten inflation risks and the Federal Reserve signaling the war in Iran is clouding the economic outlook.

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Bloomberg
April 28, 2026·1 min read
Gold Falls for Third Day as Iran War Heightens Inflation Risks

Image: Bloomberg

Gold extended a decline with the indefinite closure of the Strait of Hormuz continuing to heighten inflation risks and the Federal Reserve signaling the war in Iran is clouding the economic outlook.

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Gold Falls for Third Day as Iran War Heightens Inflation Risks

Published by Bloomberg

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