Producers of metals and other raw materials fell as the dollar rose against rival currencies, reflecting a reassessment of the interest-rate outlook in the wake of a strong jobs report.
Dollar-sensitive gold futures, which plunged Friday after the January jobs data, finished flat at around $1880 an ounce.
U.S. gold-mining giant Newmont made a roughly $17 billion offer to acquire Australia's Newcrest Mining, as difficulty prospecting for large new deposits motivates consolidation among precious-metals miners.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
02-06-23 1734ET
