Commodities Reach 3-Month High in Best Weekly Run Since February
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Commodities advanced to the highest level in more than three months and headed for a fourth weekly increase in the best run since February.
The Standard & Poor’s GSCI Index of 24 raw materials climbed as much as 0.3 percent to 652.85, the highest level since April 2, and was little changed at 10:54 a.m. in London. Gold for immediate delivery added 0.2 percent to $1,287.30 an ounce, while wheat in Chicago advanced 0.3 percent.