Materials Up as Gold, Silver Rally Continues -- Materials Roundup

Dow Jones01-10

Producers of metals and other raw materials rose as a precious-metals rally continued in the wake of December jobs data.

Gold futures closed at their second highest level ever.

Silver futures surged 5.6% to close within 2% of all-time highs.

Rio Tinto and Glencore fell as investors digested reports that the companies had entered talks about a merger deal that would create the world's largest miner by production.

The jobs data was seen having little impact on Federal Reserve policy plans, which could lead to a hold at the January meeting.

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

(END) Dow Jones Newswires

January 09, 2026 17:27 ET (22:27 GMT)

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