BUZZ-Gold miners rise as bullion near one-week high on Fed rate-cut hopes

أنجلو جولد أشانتي +6.33% Post
Abacus Global Management, Inc. Class A -1.52% Post
نيومونت للتعدين +5.12% Post
مناجم أغنيكو إيغل +3.50% Post
كلوقز Delist Post

Anglogold Ashanti PLC

AU

103.52

103.50

+6.33%

-0.02% Post

Abacus Global Management, Inc. Class A

ABX

7.76

7.76

-1.52%

0.00% Post

Newmont Corporation

NEM

113.79

114.49

+5.12%

+0.62% Post

Agnico Eagle Mines Limited

AEM

210.08

210.08

+3.50%

0.00% Post

Kellogg Company

K

83.44

83.44

Delist

0.00% Post

Updates

** Shares of gold miners rise on Wednesday, as bullion prices hover near an over one-week high GOL/

** Spot gold XAU= up 0.3% at $4,144.06 per ounce, after hitting its highest since November 14 earlier in the session

** Prices rise after U.S. economic data reinforced expectations of a Federal Reserve interest rate cut next month, supporting non-yielding bullion

** Top miners Newmont NEM.N and Barrick Mining ABX.TO, rise 3% and 2.4% respectively

** Barrick on Tuesday said it remains committed to Pakistan’s Reko Diq copper project after reports of a possible withdrawal

** Shares of South African miners Gold Fields GFIJ.J and AngloGold Ashanti AU.N rise 3.2% and 2.2% respectively

** Harmony Gold HMY.N jumps 5% and Sibanye Stillwater SBSW.N rises 2.4%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO rise 1.4% and 2.6% respectively




(Reporting by Yagnoseni Das in Bengaluru)

((Yagnoseni.Das@thomsonreuters.com;))