The Standard & Poor’s GSCI gauge of 24 commodities gained than 0.8 percent to 642.15 at 6:05 p.m. Singapore time. The UBS Bloomberg CMCI index of 26 raw materials advanced 0.8 percent to 1,560.81. CRUDE OIL Oil gained for a second day in New York amid concern that Middle East unrest will disrupt supply and speculation the U.S. will avert automatic spending cuts and tax rises that threaten to throw the nation into a recession. Crude for January delivery rose as much as $1.32 to $87.99 a barrel in electronic trading on the New York Mercantile Exchange and was at $87.86 at 8:58 a.m. London time. The contract increased $1.05 to $86.92 on Nov. 16. Front-month prices are down 11 percent this year. OIL PRODUCTS BASE METALS Copper for delivery in three months rose for the first time in four days, adding as much as 1.1 percent to $7,689 a metric ton on the London Metal Exchange, before trading at $7,670.25 at 2:13 p.m. in Shanghai. February futures climbed 0.5 percent to 56,030 yuan ($8,987) a ton on the Shanghai Futures Exchange. PRECIOUS METALS Gold for immediate delivery gained 0.5 percent to $1,722.54 an ounce by 9:47 a.m. in London. Gold for December delivery was up 0.4 percent at $1,722.10 an ounce on the Comex in New York. GRAINS, OILSEEDS, SOFT COMMODITIES Soybeans for delivery in January gained as much as 1.2 percent to $14.0025 a bushel on the Chicago Board of Trade, after sliding to as low as $13.7225 on Nov. 16, the cheapest for the most-active contract since June 22. It traded at $13.9625 at 1:44 p.m. Singapore time. Corn for delivery in March rose 0.5 percent to $7.3475 a bushel in Chicago, while wheat for delivery in the same month gained 0.2 percent to $8.555 a bushel. To contact the reporter on this story: Mike Anderson in Singapore at manderson34@bloomberg.net To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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