Energy Rally Juices Gold

Stock quotes in this article: IAU , GLD , AKS , ABX , PAL , SWC  

As for base metals, Comex copper contracts closed up 2 cents at $2.60 a pound.

There may be a larger bounce in the making for copper, RealMoney.com contributor Helene Meisler thinks.

"It looks to be making a little bottom," says Meisler, who sees technical support just under the $2.50 level. "It is very early and will probably have fits and starts."

As for the ferrous metals, Longbow upped its rating on AK Steel(AKS Quote) to neutral from sell, helping boost the stock 4.4%.

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,406.96 1,109.30 2,197.85 33.31
Oil *
78.75
UP
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UP
15.82
UP
29.97
DOWN
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10 Yr
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SPDR Gold
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