COMMODITY WRAP Copper, Silver Steal the Show

European leaders' agreement on bailout pushed nearly all commodities to their monthly highs. Besides this, positive data concerning the US economy also helped spur the bullish sentiment in the financial market. Precious metals, crude oil, base metals and agriculture commodities all witnessed a positive run-up in prices. Copper, followed by silver, was the top gainer among non-agriculture commodities. In the agriculture commodity basket, rubber, followed by cotton and palm oil, was the major gainer.      COPPER  Copper switched from being the largest loser in the last week to being the top gainer among the base metals pack this week. Consensus over containing European debt problem offered a relief rally in the red metal. The uptrend, nevertheless, seems to be more of a blip as the long-term price trend is likely to remain bearish due to weak demand-supply fundamentals. The weekly gain was curtailed following higher-than expected drop of 4% in Japan's industrial output for September when compared with the previous month. It was the first decline since the earthquake and tsunami in March.