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Gold rises to one-month high as Strait of Hormuz called ‘completely open’ (GLD:NYSEARCA)

by TheAdviserMagazine
2 months ago
in Business
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Gold rises to one-month high as Strait of Hormuz called ‘completely open’ (GLD:NYSEARCA)
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Apr 17, 2026, 5:32 PM ETSPDR Gold Shares ETF (GLD), GDX, IAU, NUGT, SLVSIL, SGOL, SIVR, GDXJ, PHYS, PSLV, DUST, RING, OUNZ, SILJ, BAR, GLDM, AAAU, XAUUSD:CURBy: Carl Surran, SA News Editor
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monsitj/iStock via Getty Images

Gold and silver futures settled higher while crude oil and the dollar pushed lower Friday, as Iran’s announcement that the Strait of Hormuz is “completely open” to commercial traffic could set a path for ending the Middle East war and reducing recessionary risks.



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