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.
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