Crude to stay supported despite Hormuz risk after renewed US-Iran rift; gold to face rate pressure: Report

New Delhi [India], July 13 (ANI): Crude oil is likely to trade range-bound to higher while gold is expected to trade range-bound to lower in the coming sessions amidst fresh US-Iran strikes that has put the Strait of Hormuz back in focus and as markets price in the prospects for interest-rate hikes to combat inflation, according to a research report by domestic brokerage firm Nirmal Bang.