Updated
Updated · MarketWatch · May 8
Raw materials producers tick up as gold futures extend gains
Updated
Updated · MarketWatch · May 8

Raw materials producers tick up as gold futures extend gains

8 articles · Updated · MarketWatch · May 8
  • U.S. employers added 115,000 jobs in April, beating economists' expectations and lifting metals, grains and other commodity-linked producers.
  • Gold futures rose for a fourth straight session, adding to gains across the materials sector after the stronger-than-expected labour market data.
  • The move suggests investors saw the jobs report as supportive for demand-sensitive raw materials, while bullion also attracted buying despite the upbeat economic signal.
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