gold price: Gold rises on geopolitical tensions but investment demand remains weak

Gold, reeling under hotter than expected December US CPI inflation data released on Thursday, caught a bid Friday as the US and the UK launched airstrikes on Iran-backed Houthis’ targets in Yemen to stop shipping attacks in the Red Sea. In a reaction, the Yemeni Group vowed to retaliate with an urgent response in the … Read more

U.S. And U.K. Launch Airstrikes On Yemen

The U.S. and U.K. launched airstrikes on Yemen on Thursday in a major escalation of tensions in the Middle East amid Israel’s controversial U.S.-backed military operation in the Palestinian territory of Gaza. The strikes targeted the Yemeni capital of Sana’a, among other areas in the country. HuffPost first reported on Thursday that the Biden administration … Read more