BUZZ-Gold miners decline ahead of US Fed minutes

Reuters05-22

** U.S.-listed shares of gold miners fall premarket, tracking weakness in bullion prices

** Spot gold down 0.4% at $2,411.79 an ounce as investors strapped in for minutes from the Federal Reserve's most recent policy meeting for further insights on the timeline for interest rate cuts

** Shares of top gold miners Newmont and Barrick Gold down 0.77% and 1.12%, respectively

** Anglogold Ashanti down 0.3%, while Harmony Gold down 1.4%

** Agnico Eagle Mines and Kinross Gold

down 0.6% and 1%, respectively

** Bullion is known as an inflation hedge, but the opportunity cost of holding this non-interest-bearing asset increases with higher interest rates

(Reporting by Arunima Kumar in Bengaluru)

((Arunima.Kumar@thomsonreuters.com; Twitter:

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