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"path": "/business-economix/market-updates-finance/2026/04/29/gold-prices-stabilise-as-markets-balance-hormuz-risks-and-rate-pressures/",
"publishedAt": "2026-04-29T10:40:00.000Z",
"site": "https://meobserver.org",
"tags": [
"Market Updates & Finance",
"Global gold prices",
"World"
],
"textContent": "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 […]",
"title": "Gold Prices Stabilise as Markets Balance Hormuz Risks and Rate Pressures"
}