Materials Flat After Waller Comments - Materials Roundup

Dow Jones

2025/07/19

Producers of metals and other raw materials were more or less flat after one candidate to lead the Federal Reserve staked out a dovish position.

The U.S. dollar dropped against rivals after Fed governor Christopher Waller, who is reportedly under consideration for the lead role at the Fed, advocated for an interest-rate cut at the next central bank meeting in two weeks.

Gold futures, which are particularly sensitive to moves in the dollar, rose 0.4% to finish the week more or less flat, above $3340 an ounce.

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

(END) Dow Jones Newswires

July 18, 2025 17:15 ET (21:15 GMT)

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