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News Summary: Industrial metals, oil rise

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The Associated Press | December 14, 2012 04:44 PM EST | AP


HERE WE GO AGAIN?: Prices for wheat, corn and soybeans rose. They spiked over the summer because of drought, and one market watcher wondered if the lack of snow so far this season could signal another dry year ahead.

A LITTLE LESS PRECIOUS: On a down day for the stock market, the price of gold was virtually flat, and silver fell.

INDUSTRIAL METALS RISE: Prices for industrial metals like copper, palladium and platinum rose, along with the price of oil in New York and London. A bank report indicated that manufacturing in China picked up in December.