BREAKING: Gold surges past $4,800 per ounce as crude oil plunges sharply after Iran declares the Strait of Hormuz “completely open” during the ceasefire.

Falling oil prices have eased inflation concerns and fears of higher interest rates, boosting demand for precious metals. Silver has also rallied, climbing above $81 per ounce.$XAUT

XAUT

4,779.66

-0.15%