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Commodities up on budget talks, GDP

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By The Associated Press
Friday, Nov. 30, 2012, 12:01 a.m.
 

• Broad gains: Most commodity prices rose as back-and-forth negotiations continued over the budget. Gold, industrial metals, oil and soybeans rose. Natural gas, wheat and corn fell.

• Economic bump: Commodities benefited from a report that said the economy grew at a faster rate than initially thought during the second quarter and from an increase in a measure of pending home sales.

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