tradingkey.logo

Gold miners fall as bullion prices edge lower

ReutersMar 6, 2025 10:57 AM

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

Spot gold XAU= down 0.9% at $2,893.63/ounce.

Gold prices down as investors took profits following a three-day rally, with markets now eyeing U.S. jobs data on Friday for clues on the Federal Reserve's rate path amidst rising global trade worries

Bullion has gained over 10% year-to-date and hit a record high of $2,956.15 on February 24

Shares of top miner Newmont NEM.N and Barrick Gold GOLD.N down 1.62% and 1.41%, respectively

U.S.-listed shares of South African miners Gold Fields GFI.N slips 3%, Harmony Gold HMY.N down 4.2% and AngloGold Ashanti AU.N falls 1.7%

U.S.-listed shares of Canadian miners Kinross Gold KGC.N and Agnico Eagle Mines AEM.N down 1.6% and 1%, respectively

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI