BUZZ-Gold miners fall as traders see slower Fed rate cuts in 2025

Reuters12-17

** Shares of gold miners fall, tracking declining prices of the precious metal

** Spot gold drops 0.6% to $2,636.49 per ounce, hurt by a stronger U.S. dollar and climbing Treasury yields

** Bullion further pressured as investors focus on the Federal Reserve's final policy meeting of the year with growing expectations of a gradual pace of rate cuts in 2025

** The metal generally thrives in a low-interest rate environment, meanwhile a weaker U.S. dollar makes it more appealing for other currency holders

** Top miners Newmont and Barrick Gold fall 1.1% and 0.7%, respectively

** Canadian miners Agnico Eagle Mines and Kinross Gold drop 1.1% and 1.7%

** U.S.-listed shares of South African miners also track declining bullion prices; Sibanye Stillwater down 1.8%, Gold Fields down 2.9% and Harmony Gold down 3.2%

(Reporting by Vallari Srivastava in Bengaluru)

((Srivastava.Vallari@thomsonreuters.com;))

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