UPDATE 5-Gold seen aiming higher on oil, security worries

Newswire

(Recasts, updates prices, market activity, adds NEW YORK to dateline) By Frank Tang and Pratima Desai NEW YORK/LONDON, Feb 22 (Reuters) - Gold eased on Thursday as investors took a breather after the previous day's surge to nine-month highs, but analysts said the precious metal could turn around and test the $700 an ounce mark soon because of geopolitical tensions and higher oil prices. By 3:12 p.m. EST (2012 GMT), spot gold was quoted at $677.00/677.70 an ounce, compared with ...

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