Gold gains as Middle East tensions lift oil and Fed rate bets
Gold prices rise as escalating Middle East attacks lift oil, renewing inflation and rate-hike concerns. Early Europe, New York futures are up 0.2% to $4,446.50 a troy ounce; FedWatch shows a 60% rate-hike pricing probability.
Gold prices rose as escalating attacks in the Middle East pushed oil higher, stoking worries about inflation and interest-rate hikes. 50 a troy ounce. According to CME Group's FedWatch tool, traders were pricing in a 60% chance that…