0
World

Gold Slides Below US$4,600 as Hormuz Crisis Lifts Inflation Fears

April 29, 2026
Scroll

Posted 3 hours ago by
News Ghana

NewsGhana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-slides-below-us4600-as-hormuz-crisis-lifts-inflation-fears/Gold has fallen to its lowest level since late March, dropping below 4,600 an ounce as the unresolved closure of the Strait of Hormuz drives oil prices higher and raises the prospect of prolonged elevated interest rates, stripping the metal of its traditional safe-haven appeal.

Spot gold decreased to around 4,554 per ounce, its lowest [] NewsGhana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-slides-below-us4600-as-hormuz-crisis-lifts-inflation-fears/

Read Full Article
News Ghana
News Ghana

Coverage and analysis from Ghana. All insights are generated by our AI narrative analysis engine.

Ghana
Bias: center

People's Voices (0)

Leave a comment
0/500
Note: Comments are moderated. Please keep it civil. Max 3 comments per day.
You might also like

Explore More