Gold prices have edged lower on Tuesday amid renewed concerns of inflationary pressure following fresh U.S. military strikes on Iran yesterday while the Strait of Hormuz remains closed for oil and energy transit.Of note, U.S. markets were closed on Monday on account of the Memorial Day holiday.Front Month Comex Gold for June month delivery has inched lower by $18.90 (or 0.42%) to $4,504.30 per tro…

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Market Analysis




Gold Slides As U.S.-Iran Standoff, Strait Of Hormuz Closure Continue

2026-05-26 17:42:16

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