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Gold miners rise as bullion prices edge higher on weak dollar

ReutersMar 7, 2025 10:27 AM

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

Spot gold XAU= up 0.2% at $2,916.88/ounce

Gold prices up due to a weaker dollar and uncertainty around U.S. President Donald Trump's tariff plans, while investors await U.S. non-farm payrolls data due later in the day

Shares of top miner Newmont NEM.N and Barrick Gold GOLD.N up 0.6% each

U.S.-listed shares of South African miners Gold Fields GFI.N rise 3.3%, Harmony Gold HMY.N up 4.4% and AngloGold Ashanti AU.N gain 4.6%

U.S.-listed shares of Canadian miners Kinross Gold KGC.N and Agnico Eagle Mines AEM.N up 2% and 2.1%, respectively

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