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)
Copyright (c) 2025 Dow Jones & Company, Inc.
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.