Producers of metals and other raw materials fell as investors took profits from a rally that has seen the price of copper hit its highest level in roughly seven years.
Copper rose 0.6% Monday for its highest close since 2014, bringing its gains for November to 12%.
Gold futures continued their recent retreat as more promising signs from Covid-19 vaccine development quelled demand for safe havens.
Gold for February delivery fell $7.20, or 0.4%, to settle at $1,780.90, the lowest settle since July 1, compounding a 4% loss last week.
In a positive sign for commodities prices, the dollar hit a two-and-a-half-year low against a basket of other currencies.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
11-30-20 1632ET