Gold Price May 2026

: Ongoing large-scale regional conflict in the Middle East, including the closure of the Strait of Hormuz on March 27, has added a significant risk premium to gold.

: The price has risen roughly 3.86% over the past month, recovering from a sharp 10% correction in March. GOLD PRICE

The current elevated price levels and recent volatility are attributed to several critical factors: : Ongoing large-scale regional conflict in the Middle