Copper futures rallied more than 3% Wednesday after the ADP employment index showed private-sector employment fell by 491,000 jobs in April, less than some analysts had expected. Gold was slightly higher. Copper for July delivery gained 6.45 cents, or 3.1%, to $2.147 a pound on the Comex division of the New York Mercantile Exchange. Meanwhile, gold rose $2.40, or 0.3%, to $906.70 an ounce. The ADP index comes two days before the government releases its estimate of April nonfarm payrolls.
