Materials Up on Planned Trump-Xi Meeting, Gold Rebound -- Materials Roundup

Dow Jones

Oct 24

Producers of metals and other raw materials rose as a planned meeting between U.S. and Chinese premiers was interpreted as a reduction of renewed trade tensions.

Grain and industrial metals futures rose after the White House said President Trump was scheduled to meet with Chinese leader Xi Jinping next Thursday in a bilateral meeting that would be part of a multi-country trip to Asia.

Alcoa shares rallied after the aluminum producer posted third-quarter earnings growth, buoyed by the sale of its stake in a Saudi Arabian joint venture earlier this year.

Gold futures rose 2% to $4125.50 an ounce, recouping some of the hefty losses from the start of the week.

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

(END) Dow Jones Newswires

October 23, 2025 17:19 ET (21:19 GMT)

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