BUZZ-Gold miners down as bullion prices edge lower
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 down premarket, tracking decline in bullion prices GOL/
** Spot gold XAU= down 1.6% at $4,123.71/ounce, having touched its lowest since June 11 at $4,090.27/ounce earlier
** Gold prices fall as the U.S. dollar strengthened to a one-year high on market expectations of a more hawkish Federal Reserve, pressuring the non-yielding precious metal
** Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N fall 3.2% and 2.1%, respectively
** South African miners Gold Fields GFI.N, AngloGold Ashanti AU.N, Harmony Gold HMY.N and Sibanye Stillwater SBSW.N lose between 3.2% and 4.4%
** Canadian miners: Agnico Eagle Mines AEM.TO, AEM.N dips 2.7%; Kinross Gold K.TO, KGC.N falls 3.7%