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BUZZ-Gold miners fall as bullion prices hit more than two-week low on strong US dollar

ReutersFeb 27, 2025 3:41 PM

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Shares of gold miners fall as bullion prices drop to their lowest level in more than two weeks GOL/

Spot gold XAU= was down 1.4% at $2,875.69/ounce, after hitting its lowest level since February 12 earlier in session

Gold prices fell as the U.S. dollar strengthened, with investors awaiting key inflation data that could shed light on Federal Reserve's monetary policy path

Shares of top miner Newmont NEM.N and Barrick Gold ABX.TO down 2.2% and 1.4%

U.S.-listed shares of South African miners Gold Fields GFI.N down 3.7%, AngloGold Ashanti AU.N down 3.9% and Sibanye Stillwater SBSW.N down 3.8%

Shares of Canadian miners Agnico Eagle Mines AEM.TO down 1.8% and Kinross Gold K.TO down 1.7%

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