BUZZ-Gold miners down on stronger equities as investors look ahead to next Fed meeting

Reuters12-04 19:23
BUZZ-Gold miners down on stronger equities as investors look ahead to next Fed meeting

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

** Spot gold XAU= down 0.2% at $4,199.30/ounce

** Prices fall as equity market gains in Asia and Europe reduce demand for safe-haven assets while investors now focus on next week's Fed meeting and U.S. data for cues on interest rates

** Top miners Newmont NEM.N down ~1% and Barrick Mining ABX.TO falls marginally

** South African miners Gold Fields GFI.N and AngloGold Ashanti AU.N down ~1% each, Harmony Gold HMY.N slips marginally and Sibanye Stillwater SBSW.N sheds 1.4%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO, KGC.N dip ~1% each

(Reporting by Dharna Bafna in Bengaluru)

((dharna.bafna@thomsonreuters.com))

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