Gold futures finished above $890 an ounce Monday, as concerns about bank earnings and a possible bankruptcy for General Motors Corp. led some investors back to the precious metal following its third-straight weekly loss.
Copper jumped to the highest in more than five months, receiving a lift from upbeat economic data from China, where the government reported growth in industrial output of 8.3% for March, a sharp rebound from earlier this year.
Copper has rallied nearly 50% this year. Copper for May delivery jumped 2.8% to end at $2.13 a pound, a level untouched since late October of last year.