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Apr 13, 2026

Gold Plunges Over 2% as Trump Imposes Naval Blockade on Strait of Hormuz

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Gold dropped 2.2% below $4,650/oz after Trump ordered a Hormuz blockade. Rising inflation and a stronger dollar push rate cuts back 12 months.

The post Gold Plunges Over 2% as Trump Imposes Naval Blockade on Strait of Hormuz appeared first on Blockonomi.

Source: Blockonomi →

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