BASE METAL WRAP: Copper climbed by the most in a week, rebounding from a five-week low, as former Treasury Secretary Lawrence Summers withdrew his nomination to lead the Federal Reserve, boosting expectations tapering of stimulus will be slower. Aluminum and lead also rose.
ENERGY WRAP: West Texas Intermediate crude fell for a second day amid speculation that the threat of imminent military strikes against Syria has eased as the U.S. pursues a plan to confiscate the nation’s chemical weapons.
PRECIOUS METAL WRAP: Speculators got less bullish on gold, selling long contracts at the fastest pace this year as prices fell the most in almost three months on prospects for less central-bank stimulus. Goldman Sachs Group Inc. said the retreat has further to go.
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