BUZZ-Gold miners gain as market focuses on Trump impact on Fed outlook

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** U.S.-listed shares of gold miners rise premarket, tracking higher price of the yellow metal ** Spot gold XAU= rises 0.7% to $2,641.89/ounce, buoyed by volatility in equities and fresh positioning, while the U.S. Federal Reserve's interest rate outlook remained in focus ahead of trade tariffs proposed by President-elect Donald Trump Gol/ ** Top gold miner Newmont NEM.N and Canada's Barrick Gold GOLD.N each up 1.4% ** South African miners AngloGold Ashanti AU.N , Harmony Gold Mining HMY.N , Gold Fields GFI.N and Sibanye Stillwater SBSW.N gain between 3.1% and 5.2% ** Canadian miners Kinross Gold KGC.N and Agnico Eagle Mines AEM.N up 1.6% and 1.9%, respectively (Reporting by Sourasis Bose in Bengaluru) (([email protected]))
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Published Date
2 Jan 2025 at 9:24 PM
Publisher
Refinitiv
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