The Baltic Dry Index rose more than 10 percent to a two-week high

Gold Ten Futures Oct 13 - The Baltic Dry Index hit a two-week high on expectations of higher shipping costs. The Baltic Dry Index rose 208 points, or 10.7 percent, from the previous session to 2,144, its highest level since Sept. 29. "The latest geopolitical developments have the potential to cause further disruption. Container rates are expected to rise in the near term as operators raise rates in anticipation of disruption," Jefferies analysts said in a note. The Headland Index rose 593 points, or 21.2 percent, to 3,392, its highest level since Sept. 29. Headland's average daily profit rose $4,916 to $28,132. The Panamax Index rose 42 points to 1,806. The average daily profit for Panamax ships rose $384 to $16,257. The index for ultra-handy bulk carriers fell 2 points to 1,400.