Oil and Gold Slip on Middle East Diplomacy and Fed Outlook
Oil fell as traders assessed diplomatic efforts to avert renewed US strikes on Iran. Gold declined after the Federal Reserve held rates steady and offered little clarity on its next move.
Commodity markets traded lower on October 29, with oil prices falling as traders assessed fresh diplomatic efforts to avert renewed US strikes on Iran. Gold prices also declined after the Federal Reserve held interest rates steady and offered little clarity on its next policy move.Oil dropped as tr…