Copper prices declined to Rs 516.30 per kg on September 29 as participants increased their short positions.
Spot gold was down 0.1% at $1,896.03 per ounce by 0034 GMT, having earlier hit a one-week high of $1,899.12.
U.S. gold futures were down 0.1% at $1,889.70.
Brent crude dropped 23 cents, or 0.6 per cent, to $41.03 per barrel by 0048 GMT. West Texas Intermediate fell 26 cents, or 0.7 per cent, to $39.29.