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Gold Holds Decline on Renewed Hormuz Blockade and Hawkish Fed

Source: bloombergMarkets July 13, 2026 · 16:49
Gold Holds Decline on Renewed Hormuz Blockade and Hawkish Fed
Photo by Павел Хлыстунов · Pexels
From the publisher
Gold held a decline as escalating hostilities in the Strait of Hormuz and remarks by a US monetary policymaker raised the likelihood of interest-rate hikes to contain inflation.
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Bloomberg Markets

Bloomberg Markets is a magazine published six times a year by Bloomberg L.P. as part of Bloomberg News. Aimed at global financial professionals, Bloomberg Markets publishes articles on the people and issues related to global financial markets. Bloomberg Markets, which is based in New York City, has readers in 147 countries. More than half of its readers live outside the U.S.

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