BUZZ-Gold miners fall as bullion slips on inflation concerns
Anglogold Ashanti PLC
Newmont Corporation
Agnico Eagle Mines Limited
Kellogg Company
Anglogold Ashanti PLC AU | 0.00 | |
Newmont Corporation NEM | 0.00 | |
Agnico Eagle Mines Limited AEM | 0.00 | |
Kellogg Company K | 0.00 |
** U.S.-listed shares of gold miners fall premarket, tracking a fall in bullion prices GOL/
** Spot gold XAU= down 0.4% at $4,696.35/ounce
** Bullion prices decline as high oil prices stoked worries over inflation and prolonged high interest rates, while peace talks between the U.S. and Iran remained stalled
** Top miner Newmont NEM.N down 1.5%
** South African miners: Gold Fields GFI.N, AngloGold Ashanti AU.N and Harmony Gold HMY.N decline between 0.8% and 1.7%
** Canadian miners: Agnico Eagle Mines AEM.N falls marginally and Kinross Gold KGC.N down 0.7%