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Gold miners fall as bullion prices inch lower

ReutersApr 23, 2025 3:07 PM

Shares of gold miners down, tracking fall in bullion prices GOL/

Spot gold XAU= down 1.4% at $3,288.60/ounce, after hitting record high of $3,500.05/ounce in previous session

Gold prices extended their retreat from all-time high as appetite for riskier assets improved after President Donald Trump said he has no plans to fire Federal Reserve Chair Jerome Powell and signaled progress with China on tariff front

Top miners Newmont NEM.N down 2.4% and Barrick Gold ABX.TO down 4.2%

South African miners Gold Fields GFI.N down 5.3%, AngloGold Ashanti AU.N down 6.1%, Harmony Gold HMY.N down 5.8% and Sibanye Stillwater SBSW.N down 2.5%

Canadian miners Agnico Eagle Mines AEM.TO down 2.9% and Kinross Gold K.TO down 4.2%

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