Gold prices continued to hover near seven-week highs on Monday, as renewed concerns regarding shipping security in the Strait of Hormuz have reinstated a geopolitical risk premium, bolstering the metal's appeal as a safe haven. What factors are contributing to gold's resilience? Investors are assessing the potential for supply disruptions in one of the world's most vital oil transit chokepoints. The Strait of Hormuz is critical for global oil transportation. This article first appeared on BitcoinWorld.