FILE - This Dec. 5, 2012 file photo shows President Barack Obama speaking at the Interior Department in Washington. The president says he won't go after Washington state and Colorado for legalizing marijuana. In a Barbara Walters interview airing Friday on ABC, Obama is asked whether he supports making pot legal. He says, "I wouldn't go that far." (AP Photo/Carolyn Kaster, File)
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FILE - This Dec. 5, 2012 file photo shows President Barack Obama speaking at the Interior Department in Washington. The president says he won't go after Washington state and Colorado for legalizing marijuana. In a Barbara Walters interview airing Friday on ABC, Obama is asked whether he supports making pot legal. He says, "I wouldn't go that far." (AP Photo/Carolyn Kaster, File)
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FILE - This Nov. 8, 2012 file photo shows marijuana plants flourishing under the lights at a grow house in Denver. President Barack Obama says he won't go after Washington state and Colorado for legalizing marijuana. In a Barbara Walters interview airing Friday on ABC, Obama is asked whether he supports making pot legal. He says, "I wouldn't go that far." (AP Photo/Ed Andrieski, File)
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FILE - In this April 21, 2010 aerial file photo taken in the Gulf of Mexico more than 50 miles southeast of Venice, La., the Deepwater Horizon oil rig is seen burning. A U.S. judge on Tuesday, Jan. 29, 2013, approved an agreement for British oil giant BP PLC to plead guilty to manslaughter and other charges and pay a record $4 billion in criminal penalties for the company's role in the 2010 oil disaster in the Gulf of Mexico. (AP Photo/Gerald Herbert, File)
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FILE - In a Wednesday, April 20, 2011 file photo, people gather near crosses -11 for the workers who died in the Deepwater Horizon oil rig explosion and one for the Gulf of Mexico, center - during a vigil to mark the first anniversary of the BP PLC oil spill on a beach in Grand Isle, La. A U.S. judge on Tuesday, Jan. 29, 2013, approved an agreement for British oil giant BP PLC to plead guilty to manslaughter and other charges and pay a record $4 billion in criminal penalties for the company's role in the 2010 oil disaster in the Gulf of Mexico. (AP Photo/Patrick Semansky, File)
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Sen. Dianne Feinstein, D-Calif. speaks during a news conference on Capitol Hill in Washington, Thursday, Jan. 24, 2013, to introduce legislation on assault weapons and high-capacity ammunition feeding devices. Congressional Democrats are reintroducing legislation to ban assault weapons but the measure faces long odds even after last month's mass school shooting in Newtown, Conn. The measure being unveiled Thursday is authored by Democratic Sen. Dianne Feinstein of California, who wrote the original assault weapons ban. That law expired in 2004 when Congress refused to renew it under pressure from the National Rifle Association. (AP Photo/Manuel Balce Ceneta)
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Sen. Charles Schumer, D-N.Y., speaks during a news conference with a coalition of members of Congress, mayors, law enforcement officers, gun safety organizations and other groups on Capitol Hill in Washington to introduce legislation on assault weapons and high-capacity ammunition feeding devices, Thursday, Jan. 24, 2013. (AP Photo/Manuel Balce Ceneta)
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FILE - In this Jan. 16, 2013, file photo, President Barack Obama listens at left as Vice President Joe Biden speaks about proposals to reduce gun violence in the South Court Auditorium at the White House in Washington. There is a legal avenue to get any gun you want somewhere in the U.S., thanks to the maze of gun statutes across the country and the lack of federal laws. An Associated Press analysis finds that there are thousands of laws, rules and regulations at the local, county, state and federal levels. (AP Photo/Carolyn Kaster, File)
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Rep. Carolyn McCarthy, D-N.Y., speaks during a news conference with a coalition of members of Congress, mayors, law enforcement officers, gun safety organizations and other groups Capitol Hill in Washingon to introduce legislation on assault weapons and high-capacity ammunition feeding devices, Thursday, Jan. 24, 2013. (AP Photo/Manuel Balce Ceneta)
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Omar Samaha, holds a picture of his sister Reema Samaha, who was killed in the Virginia Tech. shootings, Thursday, Jan. 24, 2013, during a news conference on Capitol Hill in Washington to introduce legislation on assault weapons and high-capacity ammunition feeding devices. Congressional Democrats are reintroducing legislation to ban assault weapons but the measure faces long odds even after last month's mass school shooting in Newtown, Conn. The measure being unveiled Thursday is authored by Democratic Sen. Dianne Feinstein of California, who wrote the original assault weapons ban. That law expired in 2004 when Congress refused to renew it under pressure from the National Rifle Association. (AP Photo/Manuel Balce Ceneta)
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FILE - In this April 21, 2010 file aerial photo, the Deepwater Horizon oil rig burns in the Gulf of Mexico. The Justice Department has reached a $1.4 billion settlement with Transocean Ltd., the owner of the drilling rig that sank after an explosion killed 11 workers and spawned the massive 2010 oil spill in the gulf. On Thursday, Jan. 3, 2013, two people with knowledge of the negotiations say Switzerland-based Transocean would pay the money to resolve the department's civil and criminal probe of the company's role in the Deepwater Horizon disaster. (AP Photo/Gerald Herbert, File)
Rising home prices push higher metals, oil
Metals and energy prices finished higher Tuesday, pushed up by a report about rising U.S. home prices.
Metals and energy can rise when investors feel good about the economy, since they're both needed to power manufacturing and other economic activity. Palladium, platinum and copper, which can trade as industrial metals, were all up about 1 percent. Benchmark oil closed above $97 a barrel for the first time in four months.
A housing report from Standard & Poor's/Case-Shiller said prices for its 20-city index rose 5.5 percent in November compared with the same month a year ago, pushed higher by rising sales and a tighter supply of available homes.
Gold for April delivery rose $7.70 to $1,662.70 per ounce. March silver rose 40.4 cents to $31.184 per ounce. March copper was up 3 cents to $3.6915 per pound. March palladium rose $9.20 to $749.75 per ounce. April platinum was up $16.70 to $1,678.90 per ounce.
In energy contracts, benchmark oil for March delivery rose $1.13, or 1.2 percent, to $97.57 in New York.
Brent crude, used to price international varieties of oil, rose 88 cents to $114.36 a barrel in London.
In other energy trading, wholesale gasoline rose 4 cents to $2.97 per gallon. Heating oil gained 5 cents to finish at $3.11 a gallon. The exception was natural gas, which lost 6 cents to end at $3.23 per 1,000 cubic feet.
Agricultural commodities were mixed, but their moves were small. Wheat fell 2.25 cents to $7.77 per bushel. Corn was virtually flat, up 0.25 cent to $7.295 per bushel. Soybeans rose 4 cents to $14.5175 per bushel.
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