Materials Down as Fed Rate Hike Fears Grow - Materials Roundup

Producers of metals, grains and other raw materials fell sharply as fears about Federal Reserve rate hikes mounted.

The U.S. dollar set another 52-week high against major peers. Dollar-sensitive gold futures slid $113.60, or 2.9%, to $3878.40 a troy ounce, its lowest settlement value in more than a year .

 

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

(END) Dow Jones Newswires

November 12, 2026 17:19 ET (22:19 GMT)

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

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