BUZZ-Gold miners fall as bullion prices sink

Reuters03-19 23:37
BUZZ-Gold miners fall as bullion prices sink

Updates

** Shares of gold miners down, tracking a decline in bullion prices GOL/

** Spot gold XAU= down 4.3% at $4,608.48/ounce, its lowest since early february

** Bullion prices dip, as the Middle East conflict increased energy prices and ignited inflation concerns, raising expectations that top central banks will keep borrowing costs elevated

** Top miners Newmont NEM.N and Barrick Mining ABX.TO down 8.2% and 5.6%, respectively

** U.S.-listed shares of South African miners Gold Fields GFI.N down 5.6%, Harmony Gold HMY.N falls 7.4%, AngloGold Ashanti AU.N dips ~9% and Sibanye Stillwater SBSW.N declines 9.9%

** Canadian miners Agnico Eagle Mines AEM.TO falls 5.3% and Kinross Gold K.TO declines 5.4%

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))

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