BUZZ-Gold miners decline after bullion falls 1%

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(Updates) ** U.S.-listed shares of gold miners fall premarket, tracking prices of the bullion GOL/ ** Spot gold XAU= drops 1% to $2,498.25 per ounce after U.S. dollar ticked up, while investors awaited key inflation report due this week for more clarity on the size of a likely September rate cut ** Top miners Newmont NEM.N and Barrick Gold ABX.TO GOLD.N fall 1.3% and 1.7%, respectively ** South African miner Gold Fields GFI.N down 1.4%, Harmony Gold HMY.N down 2.5%, Anglogold Ashanti AU.N loses 3.6% and Sibanye Stillwater SBSW.N drops 3.2% ** Canadian miners Kinross Gold KGC.N and Agnico Eagle Mines AEM.N fall 1.8% and 1.5%, respectively (Reporting by Vallari Srivastava in Bengaluru) (([email protected];))
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Published Date
28 Aug 2024 at 8:35 PM
Publisher
Refinitiv
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