Producers of metals and other raw materials ticked down after the dollar added to recent gains.
The dollar hit its highest level in more than a year against a basket of other currencies, weighing on gold and copper futures. Freeport McMoRan, which mines both commodities, fell by about 3%.
Gold futures fell 0.7% to $1853 an ounce, their biggest loss in almost two weeks.
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(END) Dow Jones Newswires
November 16, 2021 16:47 ET (21:47 GMT)Copyright (c) 2021 Dow Jones & Company, Inc.