Silver, platinum end higher; Oil climbs near $100

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Associated Press

Posted on December 26, 2013 at 9:02 PM

Updated Thursday, Dec 26 at 9:02 PM

NEW YORK (AP) — Silver and platinum futures are ending higher, while the price of crude oil edged up closer to $100 a barrel.

The actively traded March contract for silver rose 43.2 cents, or 2.2 percent, to $19.916 an ounce Thursday. Platinum for April delivery rose $27.20, or 2 percent, to $1,363.80 an ounce.

February gold rose $9, or 0.7 percent, to $1,212.30 an ounce.

U.S. crude oil rose 33 cents, or 0.3 percent, to $99.55 a barrel in New York.

Oil prices gained nearly 3 percent last week as optimism about the U.S. economic recovery lifted expectations for the country's energy demand.

Instability in South Sudan has led some analysts to predict the contract may top $100 a barrel for the first time since mid-October.

Corn, wheat and soybean futures fell.

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