Summary Box: Commodities rally as traders embrace risk on hope Europe can solve debt crisis

Summary Box: Confident traders boost commodities

CHINA SPEAKS: Commodities prices rose across the board Thursday after China expressed confidence that Europe would return to financial stability. China’s statement is key because it is a huge consumer of commodities.

POLISHING UP PRICES: Metals that are used in manufacturing, such as copper, silver, platinum and palladium, all settled higher. Gold dipped slightly as investors sought out riskier investments.

BOLSTERING ENERGY: Oil prices rose for a second day on growing confidence that Europe would curb its financial problems.