5:00AM Gold retreats Wednesday on speculative selling.
December gold fell $14.80 to settle at $566.70 a troy ounce on the NYME. December silver sank 25 cents at $10.795 an ounce. October platinum closed at $1,082.40 an ounce, down $47.50. December palladium finished at $296.65 an ounce, down $9.80. December copper lost 7.70 cents to close at $3.2055 per pound.

The November crude oil contract ended 73 cents higher at $59.41 a barrel after falling as low as $57.70 a barrel, the lowest level for a front-month contract since Feb. 16. November gasoline moved up 4.11 cents to $1.4978 a gallon. November heating oil rose 2.31 cents to stop at $1.6770 a gallon. October natural gas settled up 23.6 cents at $5.995 a million British thermal units.

On the New York Board of Trade, December Arabica coffee futures closed up 0.20 cent at $1.0445 a pound and March gained 0.25 cent at $1.0835. Futures on raw sugar in foreign ports for March advanced 0.27 cent at 11.16 cents a pound.