Gold miners down as bullion prices slip on US-China trade talk hopes
ReutersMay 7, 2025 9:44 AM
U.S.-listed shares of gold miners fall premarket, tracking dip in bullion prices GOL/
Spot gold XAU= down 0.7% at $3,375.92/ounce, after a sharp rise in the previous session
Gold prices decline as optimism surrounding U.S.-China trade talks weaken demand for safe-haven assets ahead of Federal Reserve's policy decision later in the day
Top miners Newmont NEM.N falls 1.9%, Barrick Mining ABX.TO, GOLD.N down 1.4%
South African miners Gold Fields GFI.N dips 2.6%, AngloGold Ashanti AU.N falls 2.3% and Harmony Gold HMY.N down 3.8%
Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO, KGC.N down 1.4% and 1.5%, respectively
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