Bloomberg
Gold Holds Steady as Progress on Hormuz Trims Rate-Hike Bets
Tuesday, August 4, 2026
Gold traded in a narrow range as negotiations progressed on reopening the Strait of Hormuz, which reduced expectations for US Federal Reserve interest rate increases.
Original reporting: https://www.bloomberg.com/news/articles/2026-08-04/gold-holds-steady-as-progress-on-hormuz-trims-rate-hike-bets
Next story
Are summer sandals killing your feet?→