EconomyOil and gold rise as geopolitical tensions build ahead of CPI data
Oil and gold prices moved higher on Wednesday as geopolitical tensions intensified. Regional share markets also edged up, though trading remained nervous. Investors were looking ahead to the release of key U.S. inflation data. The market moves reflected heightened concern before the CPI figures. No further details were provided on the specific geopolitical developments driving the tension.
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Reuters★★☆☆☆2026-08-12 02:30Original
Oil and gold rise as geopolitical tensions build ahead of CPI data
Economy