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Bloomberg Markets

Gold Steadies as Hormuz Standoff Keeps Inflation Risk High

Gold Steadies as Hormuz Standoff Keeps Inflation Risk High
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Gold steadied as the US extension of a ceasefire with Iran left global markets grappling with the blockage of the Strait of Hormuz, impacting energy security and keeping inflation risks high.

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Goldman's Calnon on Market Outlook Amid Hormuz Closure
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Goldman's Calnon on Market Outlook Amid Hormuz Closure

Global Head of Public Investing at Goldman Sachs Asset Management Greg Calnon talks to Bloomberg TV about the resilience of global markets despite an extended closure of the Strait of Hormuz, and suggests that investors are still pricing in a relatively speedy restoration of calm to energy supplies. (Source: Bloomberg)

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