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Oil Rises on Iran Tensions; Gold Holds Above $4,000 Ahead of Fed Decision

Oil prices rose amid Middle East tensions, while gold held above $4,000 an ounce ahead of the US Federal Reserve’s interest-rate decision.

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02:29:56 AM UTC
SquawkNews
النفط يرتفع بعد استهداف مصفاة سعودية وتجدد المخاوف بشأن الإمدادات بكين 28 أكتوبر تشرين الأول (رويترز

Commodity markets traded mixed on October 28, with oil prices rising amid Middle East tensions. Meanwhile, gold held above $4,000 an ounce as dip-buying support lifted bullion ahead of the US Federal Reserve’s interest-rate decision.Oil rose as traders tracked a tight Israeli election, and the Wall…