Between Hormuz And the Fed: Gold Smashes $4,200 as Metal Hoarding Returns
Gold is having one of the best days of the year. The yellow metal has decisively broken the $4,200 per ounce barrier, signaling a likely close above the 50-day moving average — a key technical level. The last time such a cross occurred was nearly a year ago; gold traded around $3,350 before going on a generational run.