Gold Rises as Markets Weigh Middle East Uncertainty - WSJ
Gold Rises as Markets Weigh Middle East Uncertainty - WSJ
Source: WSJ
―
DW NOTE
Gold is down 22% from January's high despite the Strait of Hormuz remaining closed for four months. When 2,000 stranded ships and the largest supply disruption in modern oil history can't keep the flight-to-safety trade alive, you're watching a market that stopped believing in crisis hedges.