Materials Up Amid Record Gold High, Rising Industrial Metals Prices -- Materials Roundup

Dow Jones
昨天

Producers of metals and other raw materials rose as traders bet the sector could thrive in a shifting global economic order.

Gold closed above $3,000 a troy ounce for the first time ever on economic uncertainty and safe-haven demand. Gold also received a lift from a weakening of the U.S. dollar associated with diminished U.S. growth prospects.

Aluminum and steel prices have risen due to the recent U.S. tariff increases.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

March 14, 2025 17:03 ET (21:03 GMT)

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