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Basic Materials Roundup: Market Talk

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The latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

1431 ET – Gold finishes up 3.1%, while silver gains 6.2% as a preliminary deal to end the three-and-a-half-month conflict between the U.S. and Iran appears within reach. “Gold prices are largely moving in line with statements from President Trump and continue to remain affected by broader macro factors,” says ADM Investor Services in a note. While gold and silver close the day higher, they finish the week with losses. Gold off 2.8% to $4,215 a troy ounce, and silver down 1.6% to $67.859 a troy ounce for the week. (kirk.maltais@wsj.com)

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