Gold fluctuated as investors tracked an escalation of risk in the Middle East and digested weak US economic data.

Israel has inflicted damage on strategic sites and killed key figures within Iran's military leadership during five days of aerial attacks that showed no sign of abating Tuesday, but whose ultimate outcome is unclear,

A rare daytime missile barrage on Tel Aviv forces millions into shelters as Israeli forces retaliate against Iran's missile-launching capabilities.

Loud explosions rocked key Iranian cities as well as Israel’s Tel Aviv and Jerusalem on Tuesday, amid fresh missile attacks from both sides. Meanwhile, Iran has claimed to hit Israeli spy agency Mossad's centre.

If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and consumers. That could lead to businesses to cut jobs, particularly in the high-growth tech sector, and force Americans to pull back on spending, which drives more than 70% of economic activity in the U.S.