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Commodities up on budget talks, GDP

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

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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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