Gold miners fall as easing US-China tensions dim bullion's safe-haven appeal

U.S.-listed shares of gold miners fall premarket, tracking a drop in prices of the precious metal GOL/

Spot gold XAU= down 1% at $3,214.33 per ounce, as easing U.S.-China trade tensions soothed fears of a potential global recession, boosting investors' appetite for risk and weighing on bullion's safe-haven appeal

Top miners Newmont NEM.N and Barrick Mining B.N both fall 0.8%

South African miners Sibanye Stillwater SBSW.N and Gold Fields GFI.N down about 1.2%, Harmony Gold HMY.N drops 2.2%

Canadian miners Kinross Gold KGC.N and Agnico Eagle Mines AEM.N fall 1.3% and 1%, respectively