BUZZ-Gold miners rise as US rate cut expectations grow

Reuters2025-12-05
BUZZ-Gold miners rise as US rate cut expectations grow

Updates

** Shares of gold miners rise, tracking price of bullion GOL/

** Spot gold XAU= up 0.7% at $4,235.59/ounce

** Prices rise as expectations gain traction that the Federal Reserve will cut interest rates next week, with investors awaiting U.S. inflation data that could clarify the central bank's next move

** Top miners Newmont NEM.N up marginally and Barrick Mining ABX.TO rises 1.1%

** South Africa's Gold Fields GFI.N rise ~4%, AngloGold Ashanti AU.N up 1.3% and Harmony Gold HMY.N up 2.4%

** Canadian miner Kinross Gold K.TO gains ~1%

(Reporting by Dharna Bafna in Bengaluru)

((Dharna.bafna@thomsonreuters.com))

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