BUZZ-Gold miners fall as bullion prices dip on inflation concerns
Anglogold Ashanti PLC AU | 0.00 | |
Abacus Global Management, Inc. Class A ABX | 0.00 | |
Newmont Corporation NEM | 0.00 | |
Agnico Eagle Mines Limited AEM | 0.00 | |
Kellanova K | 0.00 |
May 15 (Reuters) - ** U.S.-listed shares of gold miners fall premarket, tracking lower bullion prices
** Spot gold XAU= down 1.9% at $4,559.39 per ounce, with higher oil prices and persistent tensions in the Middle East reinforcing expectations of higher interest rates GOL/
** Bullion prices down over 3% for the week
** Top miners Newmont NEM.N and Barrick Mining B.N down 2.8% and 2.1%, respectively
** U.S-listed shares of South African miners Gold Fields GFI.N, AngloGold Ashanti AU.N and Harmony Gold HMY.N decline 4.8%, 4.7% and 4.4%, respectively
** U.S.-listed Canadian miners: Agnico Eagle Mines AEM.N falls 1.4%, Kinross Gold KGC.N down 2.6%