Oil and gold prices climbed on Wednesday as geopolitical tensions intensified ahead of key U.S. inflation data, while investors assessed the potential impact on Federal Reserve interest rate policy. U.S. crude rose 0.61% to $83.71 a barrel, while Brent crude gained 0.62% to $89.46, extending its rally to a sixth consecutive session. Both benchmarks settled more than $1 higher on Tuesday, reaching their highest levels since July 31. Spot gold rose 0.77% to $4,400.44 an ounce, while silver gained 1%. Investors moved toward precious metals as geopolitical uncertainty increased across several regions. Middle East Tensions Keep Oil Prices Elevated Markets…
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