Materials Up as Precious Metals Rebound — Materials Roundup

Producers of metals, grains and other raw materials rose as precious metals rebounded.

Gold futures rose 3.4% to $4549.80 an ounce, the biggest jump since February.

Investors had feared the year-long gold rally had come to a halt with the Iran war, but it showed signs of life Wednesday.

"There's been a lot of talk about how much gold has retreated, particularly in the face of expected inflation, but it's up 4% year-to-date, and up 50% over the past 12 months," said Oliver Pursche, senior vice president at financial advisory Wealthspire. "It seems more like a right-sizing as opposed to a shift, or a collapse."


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

(END) Dow Jones Newswires

March 25, 2026 17:16 ET (21:16 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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