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Gold & Silver Market News — May 4, 2026, 00:10–04:10 UTC

May 4, 12:10 AM - 04:10 AM UTC

Geopolitical Tensions Escalate in Strait of Hormuz

The United States has announced it will start guiding some neutral ships through the Strait of Hormuz, a key global chokepoint. In response to the US announcement, a senior Iranian official and former commander in the Islamic Revolutionary Guard Corps (IRGC) stated that any US interference in the maritime regime would be viewed as a violation of the ceasefire.