Gold stays under bearish pressure and trades near $4,800 after having touched its highest level in a week above $4,870 earlier in the day. Given that the path to a durable US-Iran agreement remains uncertain on the back of the instability in the Strait of Hormuz, the US Dollar stages a modest recovery from its lowest level since early March and undermines the commodity.
Source: https://www.fxstreet.com/news/greece-consumer-price-index-harmonized-yoy-climbed-from-previous-31-to-34-in-march-202604150900
