COPPER

Copper rose for a second session to near 2-1/2 month highs on Thursday, on continued relief over a last-minute deal in the United States to avert a “fiscal cliff” of tax hikes and spending cuts, and upbeat data from top copper consumer China.

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BRENT CRUDE

Brent crude fell 18 cents to $112.29 a barrel by 12:58 p.m. (1758 GMT) after rising more than 1 percent on Wednesday to settle at their highest level since October.

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GOLD

U.S. gold futures for February dropped more than 1 percent to a low at $1,645.60, its weakest in two weeks. Cash gold also fell, to a two-week low of around $1,645, heading for its sixth week of loss.

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COMMODITY MARKET OUTLOOK 04-01-2013

Gold futures fell in electronic trading
Silver futures for March delivery fell 1.8 percent
Oil slipped for a second day in New York .

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COPPER

Copper edged down on Thursday, taking a pause from the rally in the previous session when U.S. lawmakers reached a last-minute deal to prevent the world’s top  economy from slipping into another recession.

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U.S.CRUDE

U.S. crude for February delivery was down 57 cents to $92.55 after closing at its highest since September.

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