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Gold Surges Nearly $100 as Hormuz Blockade Strategy Stokes Hopes for Faster Resolution
Gold futures delivered their strongest single-session performance of April on Tuesday, surging nearly $100 as markets reassessed the likely trajectory of the Iran-U.S. standoff in the Strait of Hormuz. Futures opened at $4,769.00 and climbed steadily throughout the session without any meaningful pullback, closing near the day's highs at $4,870.00. The advance marks the highest closing price for gold in nearly 30 days, erasing the prior session's losses and then some, and firmly reestablishing the metal's upward momentum. The move was notable not only for its size but for its character -- a steady, conviction-driven ... (full story)
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- Apr 14, 2026 8:50pm Posted byFundamental Analysis168
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