(Bloomberg) -- Gold and silver were little changed in
Asia as investors sought direction from energy prices following a
cyclone in Oman and reports of a raid by Turkish troops in Iraq.
Gold generally moves in the same direction as oil which rose
amid a cyclone in Oman and threats of rising tension in the
Middle East following a raid by Turkish troops in Iraq, a source
of a third of the world's oil. Gold, which is also seen as a
haven in times of geopolitical tension, has risen 5.3 percent
this year while oil has gained 8.2 percent.
Read more at Bloomberg Commodities News
Asia as investors sought direction from energy prices following a
cyclone in Oman and reports of a raid by Turkish troops in Iraq.
Gold generally moves in the same direction as oil which rose
amid a cyclone in Oman and threats of rising tension in the
Middle East following a raid by Turkish troops in Iraq, a source
of a third of the world's oil. Gold, which is also seen as a
haven in times of geopolitical tension, has risen 5.3 percent
this year while oil has gained 8.2 percent.
Read more at Bloomberg Commodities News
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