Gold prices fall below $4,700 amid inflation fears

9 articles · Updated · Barron's · Apr 28

New York gold futures dropped 1.1% to $4,642.30 a troy ounce, with prices down roughly 11% since the conflict began.
Market sentiment weakened as President Trump and his national security team rejected Iran's latest proposal involving port blockades and nuclear talks.
Disrupted oil and gas flows through Hormuz have intensified global inflation concerns, leading to expectations that central banks may keep interest rates elevated, further pressuring non-yielding gold.

Amid historic geopolitical crisis, why is gold's safe-haven status failing against high interest rates?

After crashing from an all-time high, could structural demand push gold to $6,000 next year?

Are central banks' high-interest policies risking stagflation in response to the energy shock?

With the Strait of Hormuz closed, is a global recession now unavoidable for 2026?

What diplomatic off-ramps exist to resolve the U.S.-Iran impasse and reopen global trade routes?

Beyond oil, how will the blockade of the Strait impact global food and technology supply chains?