Gold miners gain as bullion prices edge up
Shares of gold miners up as bullion prices edge higher, hovering near all-time highs GOL/
Spot gold XAU= up 0.4% at $3,047.26/ounce, after hitting an all-time high of $3,045.24/ounce earlier in the session
Gold prices rose after the U.S. Federal Reserve kept rates unchanged, as widely expected, and indicated a reduction in borrowing costs by half a percentage point by the end of this year
Top miners: Newmont NEM.N up ~1% and Barrick Gold ABX.TO rises marginally
U.S.-listed shares of South African miners: Gold Fields GFI.N up 3.1%, AngloGold Ashanti AU.N rises ~4%, Sibanye Stillwater SBSW.N up ~5% and Harmony Gold HMY.N rises 1.5%
Shares of Canadian miner Kinross Gold K.TO up 1.5%
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
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