Ceasefire or Calm Before the Storm? Gold Steady, Oil Retreats
Gold held at $4,328 as the fragile Iran-Israel ceasefire kept markets cautious ahead of U.S. CPI data. Oil retreated 1.4-1.9% as the truce eased supply fears, while Strait of Hormuz restrictions and falling Chinese demand kept sentiment mixed.
Tags: gold-price · oil-price · iran-israel-ceasefire · federal-reserve · strait-of-hormuz ·
Original source: Eghtesad News