Gold Eases as US Plan to Blockade Hormuz Raises Inflation Risks
(Bloomberg) — Gold edged down amid mounting inflation issues after President Donald Trump’s order to blockade the Strait of Hormuz deepened a worldwide energy-supply shock. Bullion fell as a lot as 2.2% to commerce under $4,650 an oz, earlier than paring a lot of the loss. The 10 a.m. Eastern Time deadline handed for the…