New York, 28 May 2026 – Gold remained under pressure as investors weighed the continuing US-Iran impasse, with stubborn inflation risks, volatile oil prices and shifting interest-rate expectations limiting the precious metal’s safe-haven appeal.
The metal has been caught between competing market forces. On one side, geopolitical uncertainty would normally support demand for gold as a defensive asset. On the other, the same conflict has kept energy markets unsettled, raising concerns that higher oil prices could feed into inflation and keep interest rates elevated for longer.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
