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Gold miners fall on easing bullion prices

ReutersApr 3, 2025 10:50 AM

Gold miners' shares fall as bullion prices ease from record highs earlier in the session

Prices took a breather on Thursday after surging to yet another all-time high after U.S. President Donald Trump's announcement of sweeping import tariffs drove investors to the safe-haven asset

Spot gold XAU= fell nearly 1% to $3,103 at 1033 GMT (6:33 a.m. ET) after hitting a record high of $3,167.57 earlier in the session

Top miners Newmont NEM.N and U.S.-listed shares of Barrick ABX.TO fell 2.7% and 4.7%, respectively

U.S.-listed shares of Canadian miners Agnico Eagle AEM.TO and Kinross Gold K.TO fell 3% and 3.7%, respectively

Miners listed on the Johannesburg exchange such as Sibanye-Stilwater SSWJ.J , Harmony Gold HARJ.J , Gold Fields GFIJ.J and AngloGold ANGJ.J fell between 3% and 6%

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