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FNG Exclusive Interview… Paul Jackson, Sales Director at IS Prime, part of the ISAM Capital Markets Group, talks to FNG about the firm’s products, growth...

Spot gold continued its strong advance, rising 0.45% this morning to $4,266 an ounce after gaining 4.16% yesterday. The rally has been supported by expectations that lower oil prices following progress toward reopening the Strait of Hormuz will reduce inflationary pressures, allowing the Federal Reserve greater flexibility to hold interest rates steady.

Spot gold continued its strong advance, rising 0.45% this morning to $4,266 an ounce after gaining 4.16% yesterday. The rally has been supported by expectations that lower oil prices following progress toward reopening the Strait of Hormuz will reduce inflationary pressures, allowing the Federal Reserve greater flexibility to hold interest rates steady.

Brent crude continued its sharp decline, falling 0.70% this morning to around $78.75 a barrel after dropping 6.74% yesterday amid growing optimism that the U.S. and Iran are close to reaching a 60-day interim agreement to reopen the Strait of Hormuz without tolls.