Oil, gold rise as traders nervously watch Syria

Prices for oil and gold are closing higher as tensions build between the U.S. and Syria.

Benchmark oil for October delivery rose $2.16, or 2 percent, to $110.53 a barrel Friday. Most other energy futures also rose, except for natural gas.

Gold and silver also rose as investors parked money in safe-play assets.

Gold for December delivery rose $13.50, or 1 percent, to $1,386.50 an ounce, while silver for delivery in the same month rose 63.60 cents, or 3 percent, to $23.891 an ounce.

Russian media reported that three Russian naval ships were sailing for Syria and that a fourth was on its way. President Barack Obama continued to press the case for military action against Syria.

Wheat and corn futures rose, while soybeans ended little changed.

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