BUZZ-Gold miners fall as US-Iran strikes boost inflation fears

Abacus Global Management, Inc. Class A
Newmont Corporation
Agnico Eagle Mines Limited
Kellanova

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 dip premarket, tracking bullion prices GOL/

** Spot gold XAU= down 1.66% at $4,382.95 per ounce

** Prices fall as escalating military tensions between the U.S. and Iran drive up crude oil and the dollar, stoking fears of persistent inflation and higher interest rates

** Top miners Newmont NEM.N and Barrick Mining B.N ABX.TO down 2.2% and 1.3%, respectively

** South African miners: Harmony Gold HMY.N dips ~2%, AngloGold Ashanti AU.N falls 2.4%, and Sibanye Stillwater SBSW.N down 1.1%

** Canadian miners: Agnico Eagle Mines AEM.TO, AEM.N falls 1.3% and Kinross Gold K.TO, KGC.N down ~2%