Commodity markets traded mixed on October 23, with oil prices holding steady after surging 4 percent to a five-month high in the previous session, while, gold prices steadied near their lowest close in more than three months.
Oil prices were little changed in early Asian trade on Friday, after rising 4% to a five-month high in the previous session due to concern of further energy supply disruption after Houthi attacks on top exporter Saudi Arabia.
Brent crude futures was down 21 cents, or 0.2%, at $112.96 a barrel, while US West Texas Intermediate crude was down 27 cents, or 0.3%, at $98.12.
On a weekly basis, WTI was on track to end two weeks of gain to finish lower. Brent, which settled at its highest since May 4 on Thursday, is set to close higher for the third successive week.
Gold steadied near its lowest close in more than three months as investors sold the precious metal in a cross-market stock rout.