Metals end mostly higher, led by palladium, copper

AP News
Posted: Feb 12, 2014 5:39 PM

Metals futures are ending higher, led by palladium, platinum and copper. Beans and grains are slightly lower and crude oil futures are hovering around $100 a barrel.

The actively traded March contract for palladium, an industrial metal whose uses include making catalytic converters in cars, rose $12.70, or 1.8 percent, to settle at $729.05 an ounce Wednesday.

Platinum for delivery in April increased $19.50, or 1.4 percent, to $1,407.30 an ounce. March copper rose 4 cents, or 1.3 percent, to $3.26 a pound.

Gold edged up $5.20 to $1,295 an ounce. Silver increased 19 cents to $20.34 an ounce.

U.S. crude oil for March delivery rose 43 cents to $100.37 a barrel on the New York Mercantile Exchange.

Wheat, corn and soybean futures edged lower.