Macro Finance
Gold Edges Lower as Oil Rises on Iran Stepping Up Hormuz Attacks
Bloomberg Markets·October 6, 2026·1 min read
Gold prices edged lower while oil rose as Iran intensified attacks in the Strait of Hormuz, though energy flows through the critical waterway were recovering. The geopolitical tension in the key shipping lane continues to influence commodity markets, with investors weighing supply risks against improving transit conditions.
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