Producers of metals and other raw materials rose as traders continued to rotate into the commodities space from tech and other 2025 winners.
Silver futures rose 1.1% to a record high of $91.88 a troy ounce. Gold futures ticked down from record levels. Copper futures slipped, but remained near all-time highs.
Amazon.com is turning to an Arizona mine that last year became the first new source of U.S. copper in more than a decade to meet its data centers' ravenous appetite for a metal that's a key component of electricity infrastructure. The mine was restarted as a proving ground for Rio Tinto's new method of unlocking low-grade copper deposits.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-15-26 1753ET
