Materials Gain as Dollar Holds Near Lows - Materials Roundup

Dow Jones
Yesterday

Producers of metals and other raw materials rose as the dollar remained weak against rivals, holding near 52-week lows.

The number of job openings in the U.S. fell in March to a six-month low of 7.2 million, just as some of the Trump administration's tariffs began to kick in.

Separately, U.S. businesses brought in a new high of foreign goods in March for the fourth month in a row as they tried to beat price increases tied to the Trump tariffs - assuring a weak GDP report in the first quarter.

Gold futures slipped for the fourth session in the last six, but strategists at brokerage Goldman Sachs Group said concerns about U.S. governance could buoy the precious metal in the balance of the year, with the possibility it will top $3700 an ounce.

 

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

(END) Dow Jones Newswires

April 29, 2025 17:05 ET (21:05 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10