Commodities Have Best Week Since 2012 as Glencore Stock Doubles

Updated on
  • Pimco says worst of commodities collapse is probably over
  • Zinc surges as Glencore cuts output; company's shares climb

Commodities headed for the biggest weekly advance since 2012 as Pacific Investment Management Co. said the worst of the collapse is probably over, helping mining companies surge and Glencore Plc double from its record low set last month.

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