Producers of metals, grains and other raw materials rallied as Iran war fears subsided.
Producers of metals, grains and other raw materials rallied as Iran war fears subsided.
The materials sector was one of the hardest hit by war and inflation fears because of its sensitivity to interest rates and foreign exchange. Gold futures, which are particularly sensitive to rate movements, rose 3.1% to $4215 a troy ounce, paring losses for the week.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
June 12, 2026 17:38 ET (21:38 GMT)
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