Oil, Gold Gain as Middle East Risks Intensify Ahead of US Inflation Data
Oil and gold moved higher on Wednesday as fresh attacks on shipping and renewed military tensions in Asia pushed investors toward traditional safe-haven assets, while markets awaited the latest US inflation figures for clues on the Federal Reserve’s next move. US crude futures climbed 0.89% to $83.94 a barrel, while Brent crude added 0.78% to …
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