Copper rose more than 2 percent on Wednesday as the spotlight returned to its tight longer-term supply fundamentals after the world's largest miner announced an output reduction. Crude Oil turned higher on Wednesday with Brent crude climbing above $113 a barrel after weekly U.S. government inventory figures an unexpected draw in stocks of distillates. Gold hit a three-week high on Wednesday, boosted by concern over the debt crisis in euro zone countries such as Greece and a softer dollar after weak U.S. economic data which also helped shore up prices.
GOLD OFF 3-WEEK HIGH, EURO ZONE DEBT FEARS SUPPORT.
OIL FALLS FROM ONE-WEEK HIGH IN NEW YORK AS U.S. GASOLINE STOCKPILES SURGE.
COPPER ADVANCES FOR SECOND DAY AS DEMAND OUTLOOK TURNS POSITIVE.
DOMESTIC OIL SEED AND EDIBLE FUTURES OIL TRADE BULLISH.
