Finance

Gold Steady After Two-Day Drop as Iran War Fans Inflation Fears

Gold steadied after a two-day drop as investor focus remained on talks between the US and Iran, with the indefinite closure of the Strait of Hormuz continuing to heighten inflation risks.

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Bloomberg
April 28, 2026·1 min read
Gold Steady After Two-Day Drop as Iran War Fans Inflation Fears

Image: Bloomberg

Gold steadied after a two-day drop as investor focus remained on talks between the US and Iran, with the indefinite closure of the Strait of Hormuz continuing to heighten inflation risks.

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Gold Steady After Two-Day Drop as Iran War Fans Inflation Fears

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