BUZZ-Gold miners rise as bullion prices edge higher

Reuters03-30
BUZZ-Gold miners rise as bullion prices edge higher

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

** Spot gold XAU= up 0.8% at $4,531.56 per ounce at 1046 GMT, after gaining more than 1% earlier in the session

** Gold rises on bargain-hunting, but set for its largest monthly decline in nearly two decades as rising oil prices due to the escalating war in the Middle East nearly eliminate rate cut bets for the year

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

** South African miners Gold Fields GFI.N and Harmony Gold HMY.N up 1.5% each; AngloGold Ashanti AU.N rises ~1%,

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO, KGC.N up marginally and 1.4%, respectively

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment