tradingkey.logo

Gold miners gain as bullion prices edge higher

ReutersMar 17, 2025 2:53 PM

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

Spot gold XAU= up 0.5% at $2,998.35/ounce, having hit record high of $3,004.86/ounce on Friday

Gold prices were steady, sitting just below $3,000/ounce-mark that was broken last week, with focus on trade tariffs and Federal Reserve's policy meeting

Federal Reserve will give its new economic projections this week, which will provide tangible evidence of how U.S. central bankers view likely impact of President Donald Trump's policies that have clouded previously solid economic outlook

Top miners Newmont NEM.N and Barrick Gold ABX.TO up 2.5% and 1.6%, respectively

U.S.-listed shares of South African miners Gold Fields GFI.N up 1.2%, AngloGold Ashanti AU.N up 2.7%, Sibanye Stillwater SBSW.N up 4.3%

Shares of Canadian miners Agnico Eagle Mines AEM.TO up ~1% and Kinross Gold K.TO up 2.8%

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