BUZZ-Gold miners rise after soft US inflation data
Anglogold Ashanti PLC
Abacus Global Management, Inc. Class A
Newmont Corporation
Agnico Eagle Mines Limited
Kellanova
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 |
** Shares of gold miners rise, tracking higher bullion prices GOL/
** Spot gold XAU= rises 2.1% to $4,083.99/ounce
** Prices rise after softer-than-expected inflation data boosted hopes of the U.S. Federal Reserve adopting a less hawkish stance
** Top miners Newmont NEM.N and Barrick Mining B.N ABX.TO up 4.5% and ~3%, respectively
** South African miners: Gold Fields GFI.N rises 2.2%, AngloGold Ashanti AU.N up 3.4%
** Canadian miners: Agnico Eagle Mines AEM.N AEM.TO advances 2% and Kinross Gold KGC.N K.TO inches up ~3%