Oil holds above $100 after Donald Trump's Hormuz move
NewsBytes | May 4, 2026 12:39 PM CST
Gold edges down as dollar weakens
Gold prices have edged down slightly as worries about inflation continue to shape US monetary policy.
Meanwhile, the dollar is a bit weaker while everyone waits for updates on the Hormuz situation, helping keep oil above that key $100 mark.
Markets remain jittery as inflation and interest rate concerns linger.
READ NEXT
-
Bihar NDA Government Prepares for Major Cabinet Expansion on May 7
-
Final Marks Released for BPSSC Range Officer of Forest Recruitment 2025
-
Indian illustrator Anand RK, journalist Suparna Sharma win Pulitzer Prize for illustrated reporting
-
BJP Appoints J.P. Nadda as Central Observer for Assam Legislative Party Leadership
-
Rare Oriental Pied Hornbill Spotted in Arunachal Pradesh, Signaling Ecological Health
