Gold Prices Stabilise as Markets Balance Hormuz Risks and Rate Pressures

Gold prices steadied near $4,590 per ounce on 29 April, after a 2.4% decline over two sessions, as investors weigh escalating energy-driven inflation risks against expectations of prolonged high interest rates, according to Bloomberg. The metal has now lost roughly 13% since late February, reflecting a shift in market dynamics despite persistent geopolitical uncertainty. Investor […]