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Copper Rises on Oil Price, Capping Best Monthly Gain in a Decade

  • Advance comes even as Chinese bourses move to curb speculation
  • Other five major metals on the London Metal Exchange also gain
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Goldman Sachs Goes Long Commodities in Reflation Trade

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Copper added to gains in November to cap the strongest month in 10 years after a surge in oil prices.

All metals were higher as a meeting of the Organization of Petroleum Exporting Countries in Vienna was said to agree to cut crude output. The London Metal Exchange Metals Index that tracks the six major metals traded on the bourse climbed 12 percent this month, marking the biggest increase since December 2010.