Oil Rises on Middle East Tensions as Gold Steadies Near Two-Day Low
Oil prices rose amid renewed Middle East attacks and uncertainty over the recovery of Persian Gulf energy flows. Gold held losses after a US Federal Reserve official signalled the possibility of one more rate hike this year.
Commodity markets traded mixed on October 14, with oil prices rising amid renewed attacks in the Middle East that heightened uncertainty over the recovery of Persian Gulf energy flows, while gold held losses after a US Federal Reserve official signalled the possibility of one more rate hike this ye…