← Latest news 
Gold holds steady as US Iran talks loom and Strait of Hormuz reclosure rattles markets
Economy
Published on 25 April 2026
A closed strait and fresh diplomacy both sway traders
Gold prices stayed steady after a dip as investors waited for clarity on potential US-Iran peace talks. Fresh weekend tensions, including the Strait of Hormuz being re-closed, had recently pressured markets. Adding another layer, Trump’s Fed nominee said monetary policy should remain independent—keeping traders focused on both geopolitics and central bank signals.
- Gold remains steady after a recent decline
- US-Iran talks are driving investor wait and watch
- Re-closure of the Strait of Hormuz renewed market stress
- Fed nominee’s independence pledge adds policy uncertainty
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times