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Materials Down, Gold Up, As Risk Aversion Returns -- Materials Roundup

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02/16/2017 | 10:45pm CET

Shares of miners and other commodities processors declined as traders retreated from risky sectors after a long run-up. One exception was the precious-metals sub sector.

Gold futures hit their highest level since Nov. 10 as President Donald Trump denied that chaos had set in at the White House in the wake of his national security adviser's abrupt exit.

Shares of Barrick Gold, the world's largest gold miner by production, rallied after the Canadian giant reported its first annual profit since 2011, helped by cost cuts and higher prices.

-Rob Curran, [email protected]

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