Materials Up as Gold Hits Record High -- Materials Roundup

Dow Jones

Sep 24, 2024

Producers of metals and other raw materials rose alongside precious metals amid rate bets.

Gold futures rose 0.25% to $2626.50 an ounce, a record high, as traders digested weighed tensions in the Middle East and Federal Reserve official's comments, hinting at an extended cycle of U.S. rate cuts. Interest rates would need to keep coming down for the economy to nail a soft landing, Chicago Federal Reserve President Austan Goolsbee told state treasurers. In the wake of the statement, the U.S. dollar lingered around multiyear lows against a basket of rivals.

The British pound sterling has made gains since the Bank of England demurred on further rate cuts at its latest meeting.

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

(END) Dow Jones Newswires

September 23, 2024 17:50 ET (21:50 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2469179829"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2469179829\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2469179829?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-24 05:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2469179829","market":"other","top_or_hot":-1,"title":"Materials Up as Gold Hits Record High -- Materials Roundup","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Producers of metals and other raw materials rose alongside precious metals amid rate bets. \n</p>\n<p>\n  Gold futures rose 0.25% to $2626.50 an ounce, a record high, as traders digested weighed tensions in the Middle East and Federal Reserve official's comments, hinting at an extended cycle of U.S. rate cuts. Interest rates would need to keep coming down for the economy to nail a soft landing, Chicago Federal Reserve President Austan Goolsbee told state treasurers. In the wake of the statement, the U.S. dollar lingered around multiyear lows against a basket of rivals. \n</p>\n<p>\n  The British pound sterling has made gains since the Bank of England demurred on further rate cuts at its latest meeting. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@dowjones.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 23, 2024 17:50 ET (21:50 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Materials Up as Gold Hits Record High -- Materials Roundup</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMaterials Up as Gold Hits Record High -- Materials Roundup\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-09-24 05:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Producers of metals and other raw materials rose alongside precious metals amid rate bets. \n</p>\n<p>\n  Gold futures rose 0.25% to $2626.50 an ounce, a record high, as traders digested weighed tensions in the Middle East and Federal Reserve official's comments, hinting at an extended cycle of U.S. rate cuts. Interest rates would need to keep coming down for the economy to nail a soft landing, Chicago Federal Reserve President Austan Goolsbee told state treasurers. In the wake of the statement, the U.S. dollar lingered around multiyear lows against a basket of rivals. \n</p>\n<p>\n  The British pound sterling has made gains since the Bank of England demurred on further rate cuts at its latest meeting. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@dowjones.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 23, 2024 17:50 ET (21:50 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GLD","symbol_name":"黄金ETF-SPDR","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2469179829","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2469179829","pubTimestamp":1727128200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Producers of metals and other raw materials rose alongside precious metals amid rate bets.Gold futures rose 0.25% to $2626.50 an ounce, a record high, as traders digested weighed tensions in the Middle East and Federal Reserve official's comments, hinting at an extended cycle of U.S. rate cuts. Interest rates would need to keep coming down for the economy to nail a soft landing, Chicago Federal Reserve President Austan Goolsbee told state treasurers. In the wake of the statement, the U.S. dollar lingered around multiyear lows against a basket of rivals.The British pound sterling has made gains since the Bank of England demurred on further rate cuts at its latest meeting.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GLD":"黄金ETF-SPDR","ARKG":"ARK Genomic Revolution ETF","BK4544":"ARK ETF合集","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"金价创历史新高，材料上涨——材料综述","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"US5Y.BOND":0.73,"ARKG":1,"US912797HE00.BOND":0.6,"US2Y.BOND":0.73,"US10Y.BOND":0.73,"US3Y.BOND":0.73,"US7Y.BOND":0.73,"US30Y.BOND":0.73,"US912797GW17.BOND":0.6,"US6M.BOND":0.73,"GLD":0.9,"US12M.BOND":0.73},"content_text":"Producers of metals and other raw materials rose alongside precious metals amid rate bets. \n\n\n  Gold futures rose 0.25% to $2626.50 an ounce, a record high, as traders digested weighed tensions in the Middle East and Federal Reserve official's comments, hinting at an extended cycle of U.S. rate cuts. Interest rates would need to keep coming down for the economy to nail a soft landing, Chicago Federal Reserve President Austan Goolsbee told state treasurers. In the wake of the statement, the U.S. dollar lingered around multiyear lows against a basket of rivals. \n\n\n  The British pound sterling has made gains since the Bank of England demurred on further rate cuts at its latest meeting. \n\n\n \n\n\n  Write to Rob Curran at rob.curran@dowjones.com \n\n\n  (END) Dow Jones Newswires\n\n\n  September 23, 2024 17:50 ET (21:50 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"economic","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}