http://www.marketwatch.com/story/copper-prices-rally-on-reports-china-will-probe-short-selling-2015-11-26?siteid=yhoof2

Copper prices, which have been among the hardest-hit in this year’s commodity fallout, rallied on Thursday amid reports that China regulators may be looking into short-selling of copper and other metals.

December high-grade copper HGZ5, +1.37% jumped 5 cents, or 2.2%, to $2.092 a pound, according to FactSet Research. December platinum PLZ5, +0.93%PLZ5, +0.93% rose $7.80, or 0.9%, to $850.60 an ounce. Copper was the best performing metal among the base and precious metals group.

China’s biggest nickel and copper suppliers will meet this week and is considering measures to combat what they see as excessive short-selling of copper, zinc and other metals, and provide support for the market, according to sources cited byBloomberg News.

In addition, other sources cited said the China Nonferrous Metals Industry Association asked the National Development and Reform Commission has been asked to try to support prices for nickel, aluminum and other metals by buying those commodities.

Gold prices GCZ5, +0.07% on Thursday rose only marginally, up $1.80, 0.2%, to $1,071.70 an ounce, while silver SIZ5, +0.44% added 4 cents to $14.20 an ounce.

Gold has been suffering under the weight of a strong dollar DXY, +0.03% with most market participants expecting the U.S. Federal Reserve to hike interest rates in December. That view that got support from a batch of upbeat economic data on Wednesday. A stronger greenback makes dollar-denominated gold expensive for holders of other currencies

December palladium PAZ5, +1.30% picked up 20 cents to $551.50 an ounce.

There will be no U.S. floor trading for metals futures on Thursday in honor of the Thanksgiving holiday, which could thin out the action for the sector. On Friday, oil and metals will close early, with gold settling around 12:30 p.m. Eastern—an hour later than usual—while energy products settle at 1:30 p.m. Eastern.