Gold, Silver Decline Amid Renewed Inflation Concerns
Gold and silver declined in early Asian trade amid renewed inflation concerns spurred by rebounding oil prices stemming from signs of re-escalating Middle East tensions.
- Oil prices jump as Strait of Hormuz tensions escalate BBC News —
- Oil prices spike again following latest standoff in the Strait of Hormuz PBS —
- Oil prices jump after US seizure of Iranian ship escalates war The Straits Times —
- Oil Climbs on Renewed Tensions Over Strait of Hormuz Wall Street Journal —
- Strait of Hormuz Standoff Sends Oil Prices Surging Newsweek —