BUZZ-Gold miners dip as bullion prices slide
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 |
** U.S.-listed shares of gold miners fall premarket, tracking lower bullion prices GOL/
** Spot gold XAU= falls 1.4% to $4,061.87/ounce
** Prices decline as renewed Middle East hostilities fuel inflation concerns and reinforce expectations that the U.S. Federal Reserve will keep interest rates higher for longer
** Top miners Newmont NEM.N and Barrick Mining B.N down 1.4% and 1.3%, respectively
** South African miners: Gold Fields GFI.N falls 0.7%, AngloGold Ashanti AU.N down 2%
** Canadian miners: Agnico Eagle Mines AEM.N falls 0.8% and Kinross Gold KGC.N down 1.5%