5:00AM Gold and silver prices rallied on Thursday, boosted by the oil increase.
The most-active December gold gained $9.90 to end at $602.50 a troy ounce at the NYME. The most-active December silver contract held onto gains and settled 34 cents higher at $12.16 an ounce. January platinum gained $1.70 to finish at $1,094.80 an ounce, while December palladium edged up $4.90 to close at $337.40 an ounce. The most-active December copper contract rose 1.35 cent to end at $3.5095 per pound.

November light, sweet crude oil settled up 85 cents at $58.50 a barrel. November heating oil advanced 2.42 cents to stop at $1.7201 a gallon. November unleaded gasoline moved up 1.91 cents to close at $1.4894 a gallon. November natural gas settled up 32.5 cents at $7.132 a million British thermal units.

On the New York Board of Trade, December Arabica coffee futures closed 0.40 cent lower at $1.0185 a pound, with March down 0.40 cent at $1.0585. Futures on raw sugar in foreign ports for March finished unchanged at 11.59 cents a pound, with May steady at 11.74