Copper Jumps After Retail Sales, Oil Gains: Commodities at Close - Bloomberg

The Standard & Poor’s GSCI gauge of 24 commodities advanced 0.8 percent to 709.58 at 4:56 p.m. in London. The UBS Bloomberg CMCI index of 26 raw materials was up 0.7 percent at 1,638.932. In the GSCI, copper was up the most, at 1.5 percent, and natural gas was down the most, at 2.5 percent.

BASE METALS

Copper climbed to the highest price in more than a week on speculation that an accelerating economic recovery in the U.S., the world’s second-biggest consumer of the metal, will fuel demand.
Copper for May delivery gained 1.6 percent to $3.90 a pound on the Comex in New York after touching $3.9165, the highest since March 5. Prices increased for the fourth time in five sessions.
In London trading, copper for delivery in three months rose 1.4 percent to $8,570 a ton.
Aluminum, zinc, lead, tin and nickel also rose on the LME.