Materials Down as Gold Plunges - Materials Roundup
Dow Jones03-20 05:14
Producers of metals, grains and other raw materials fell as precious metals prices slid.
Gold plunged 5.9% to $4600.70 an ounce, its lowest level since January, as traders priced in fewer rate cuts in 2026.
Miners sitting atop one of the largest copper deposits on the planet took a step toward production this week when the U.S. Forest Service finalized a long-delayed land swap with Resolution Copper, the joint venture owned by Rio Tinto and BHP.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
March 19, 2026 17:14 ET (21:14 GMT)
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