Gold price today, Friday, March 27: Gold strengthens after President Trump extends Hormuz deadline

​​Gold (GC=F) April futures opened at $4,371.80 per troy ounce on Friday, 0.1% lower than Thursday’s closing price of $4,376.30. The gold price rose in early trading. Gold moved above $4,400 Friday morning after President Trump said he would not attack Iran’s energy infrastructure until April 6. The president previously said the U.S. would strike Iranian power plants within 48 hours if Tehran did not open the Strait of Hormuz, a critical waterway for oil shipments. When President Trump extended the dead ...