tradingkey.logo

Gold miners fall as US, China reach deal to cut tariffs

ReutersMay 12, 2025 2:22 PM

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

Spot gold down 2.5% at $3,239.54/ounce

Gold prices declined after the U.S. and China agreed to temporarily slash tariffs

Top miners Newmont NEM.N and Barrick Mining ABX.TO down 4.7% and 4.8%, respectively

U.S.-listed shares of South African miners Gold Fields GFI.N down 9.3%, AngloGold Ashanti AU.N dips 10.1%, Harmony Gold HMY.N falls ~9% and Sibanye Stillwater SBSW.N down 8.9%

Canadian miners Agnico Eagle Mines AEM.TO down 7.8% and Kinross Gold K.TO falls 6.8%

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI