Summary Box: Metals rise for second day

AP News
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Posted: Nov 29, 2011 3:33 PM
Summary Box: Metals rise for second day

METALS RISE: Copper for December delivery rose 1.55 cents Tuesday to close at $3.376 per pound. Copper is now up 3.6 percent since Monday. Platinum for January delivery gained $1.20 to settle at $1,540.70 an ounce. December palladium rose $2.70 to close at $584.25 an ounce.

CONSUMER CONFIDENCE: Optimism about the U.S. economy rose Tuesday on news that an index of consumer confidence jumped in November. That could stoke and demand for industrial metals at the world's factories.

OIL UP: benchmark crude oil rose $1.58, or 1.6 percent, to end at $99.79 per barrel on the New York Mercantile Exchange.