Producers of metals and other raw materials fell sharply amid inflation nerves.

Swedish miner Boliden will pay up to $1.45 billion for two mines from Canadian rival Lundin Mining in a deal to boost its copper and zinc production.

Gold futures rose 1.2% to $2,697.60 an ounce, their third straight gain, amid reports of strong buying from China but remained well below peaks earlier in the year.

Arabica coffee prices hit their highest-ever level on global supply worries, following a drought in Brazil.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

12-10-24 1751ET