Materials Down as Gold Slides -- Materials Roundup

Producers of metals and other raw materials fell amid anxiety ahead of key U.S. jobs data.

Gold futures fell 1.8% to settle at $2,749.30 an ounce, the largest decline since late July, as the same geopolitical uncertainty that had caused a rush of investors into the precious-metals markets prompted volatility.

Hopes for Australian iron-ore miner Fortescue's export business are on hold, as it awaits a sequel to a shipment made to the African nation of Gabon last December.

Write to Rob Curran at [e-mail]

(END) Dow Jones Newswires

10-31-24 1748ET