(Bloomberg) -- A weaker dollar this week, owed in part to the Federal Reserve's decision Wednesday to stand pat on interest rates, helped to fuel gains in metals, oil and other commodities. As of 12:25 p.m. in New York, the Bloomberg Commodity Index was headed for a weekly gain. When the greenback falls, commodities priced in dollars become cheaper for customers using their local currency.
To contact the reporter on this story: Nancy Moran in New York at nmoran@bloomberg.net. To contact the editors responsible for this story: Sophie Caronello at scaronello@bloomberg.net, Vince Golle, Joe Richter
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