Gold miners rise as bullion edges up on weaker dollar

ReutersApr 21, 2025 2:00 PM

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Shares of gold miners rise tracking gains in prices of the bullion GOL/

Spot gold XAU= up 2.6% at 3,415.39/ounce, supported by a weaker U.S. dollar, while uncertainty over the economic impact of U.S.-China trade tensions spurred demand for safe-haven bullion

*A weaker dollar makes bullion more appealing for other currency holders

Shares of top miners Newmont NEM.N and Barrick Gold TO> up 3.2% and 2.9%, respectively

U.S.-listed shares of South African gold miners Gold Fields GFI.N, Harmony Gold HMY.N and Sibanye Stillwater <SBSW.N> up between 3.1% and 3.6%

Canadian miners Kinross Gold K.TO and Agnico Eagle Mines TO> up 2.5% and 2.4%, respectively

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