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Materials Shares Rise; Gold Reverses Last Week's Losses -- Materials Roundup

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02/12/2018 | 11:23 pm


Shares of commodities producers were higher in line with the broader market.



Gold prices rose, supported by muted moves in Treasury yields and the dollar. Prices fell last week despite a surge in stock-market volatility, with some analysts attributing the declines to investors selling gold to raise money for their bets on stocks and concerns about higher interest rates.



Acacia Mining swung to a pretax loss in the fourth quarter, hurt by an export ban in Tanzania. The company also cut its dividend. ([email protected])





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