Bullion: Gold prices were higher Friday despite modest improvements in U.S. economic data as investors focused on stronger demand from India and continued to adjust their portfolios following option expiration. Gold prices rose despite data showing U.S. third-quarter gross domestic product rose 2%, beating forecasts of 1.8% growth.
Energy: Crude oil futures prices turned higher early Friday, amid signs of recovery in the U.S. economy and hopes of rising oil demand. Natural-gas prices were lower Friday morning as the market looked ahead to the arrival of Hurricane Sandy to the U.S. and the likely diminished use of natural gas due to power outages.
Metals: Base metals are lower on the LME, with flagship three-month copper having broken below support at $7,800/ton. A firmer greenback is weighing on the dollar-denominated metals, which are less affordable to other currency holders when the dollar strengthens.
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