Producers of metals and other raw materials rose as the weaker U.S. dollar perpetuated a precious-metals rally.

The Federal Reserve's relatively dovish tone weighed on the greenback, as traders bet the central bank could cut rates again as soon as January.

Dollar-sensitive gold futures rose 2.1% to $4285.50, closing within 1% of all time highs. Silver futures surged 5.9% to a new record high of $63.93 an ounce.

German steelmaker Thyssenkrupp plans to shutter some electrical steel plants and cut production, as a response to imports that it says are undermining the European steel sector.


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

(END) Dow Jones Newswires

12-11-25 1714ET