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Gold miners rise as bullion prices edge higher on weak dollar and treasury yields

ReutersMar 11, 2025 9:56 AM

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

Spot gold XAU= rises 0.4% to $2,901.3/ounce

Prices were supported by a weak dollar and Treasury yields, as investors awaited inflation data to assess the Federal Reserve's policy path amid trade tensions and fears of economic slowdown

Shares of top miners Newmont NEM.N and Barrick Gold GOLD.N up 1.4% and 1.5%, respectively

U.S.-listed shares of South African miners Gold Fields GFI.N up 1.62%, Harmony Gold HMY.N rises 4.8% and AngloGold Ashanti AU.N gains 4.6%

U.S.-listed shares of Canadian miners Kinross Gold KGC.N and Agnico Eagle Mines AEM.N up 3.1% and ~2%, respectively

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