Gold holds above $4,130 as geopolitical risks outweigh stronger dollar - Yahoo Finance UK
Gold holds above $4,130 as geopolitical risks outweigh stronger dollar - Yahoo Finance UK
Source: Yahoo Finance UK
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DW NOTE
Gold is down 22.5% from its January peak of $5,318 despite the Strait of Hormuz remaining at a near-standstill for weeks — the largest oil supply disruption in history. When the world's primary maritime chokepoint is functionally closed and safe-haven assets are selling off, the market is pricing either imminent resolution or something breaking in the financial system that makes physical assets less liquid than cash.