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Gold miners rise as bullion prices edge higher on weak dollar, growth concerns

ReutersMar 11, 2025 2:41 PM

Shares of gold miners rise, tracking prices of bullion GOL/

Spot gold XAU= rises 0.9% to $2,915/ounce

Prices were supported by a weak dollar and economic slowdown worries due to tariff wars, while investors strapped in for a key inflation print that could shed light on U.S. monetary policy move

U.S. dollar index =USD hits its lowest level since early November

Shares of top miners Newmont NEM.N and Barrick Gold ABX.TO up 2.7% and 1.7%, respectively

U.S.-listed shares of South African miners Gold Fields GFI.N up 3.2%, Harmony Gold HMY.N rises 3.9% and AngloGold Ashanti AU.N gains 4.3%

Shares of Canadian miners Kinross Gold K.TO and Agnico Eagle Mines AEM.TO up 5.5% and 3.3%, respectively

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