Gold Soars as Fed Hike Boosts Safe-Haven Assets Amid Eased Oil Fears

Gold prices have risen as investors digest the latest Federal Reserve interest rate hike. The increase in interest rates by the Fed has led to a surge in gold, with the precious metal trading at higher levels.

The price of oil has also eased, with Middle East supply fears easing after a recent attack on Saudi Arabia's oil facilities. This decrease in oil prices may be seen as an opportunity for investors to take advantage of lower fuel costs and invest in other assets, such as gold.