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Materials Up Amid Dollar Weakness -- Materials Roundup

11/23/2020 | 04:35pm

Producers of metals and other raw materials rose as the dollar remained near recent lows against other major currencies.

Gold futures, which drew investors when uncertainty about the outlook for Covid-19 was at its height, continued to decline in light of progress on vaccine development.

On Monday, December gold shed $36.40, or 1.8%, to settle at $1,837.80 an ounce, a retreat chart-watchers said could make a test of the $1800-an-ounce level inevitable.

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

(END) Dow Jones Newswires

11-23-20 1634ET

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