Oil and Gold Prices Rise as Geopolitical Tensions Mount Before U.S. CPI Data
Oil and gold prices climbed on Wednesday, August 12, as geopolitical tensions rose following shipping attacks by Houthis and the U.S., and a North Korean missile launch. Markets are simultaneously awaiting U.S. consumer price index (CPI) data to gauge the timing of potential Federal Reserve rate hikes. Investors are balancing immediate security risks in the … Read more