Gold Steady as Traders Track Hormuz Stalemate, Inflation RisksPosted by MarketsWireGold was steady as traders assessed the deadlock in the Strait of Hormuz that has sent oil prices higher and added further fuel to inflation concerns.1 repliestomspark wrote:Gold's been boring me lately — too much macro noise and not enough actual movement. If Hormuz actually escalates, sure, it'll pop, but right now it's just traders using it as an excuse to sit on their hands.