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GOLD

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Materials Up, Gold Down, On Vaccine Hopes -- Materials Roundup

11/27/2020 | 01:51pm EST

Producers of metals and other raw materials ticked up as investors continued seeking out sectors that would benefit from a vaccine and the associated jolt to economic growth.

The slide in the value of the U.S. dollar to a 12-week low against the euro also buoyed the price of many greenback-denominated commodities.

March gold future lost 2.4% Friday to settle at $1,788.10 an ounce as vaccine hopes weighed on demand for the safe haven.

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

(END) Dow Jones Newswires

11-27-20 1350ET

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