Gold miners rise as bullion prices edge up on a weaker US dollar

ReutersMay 20, 2025 3:08 PM

Shares of gold miners gain, tracking rise in bullion prices GOL/

Spot gold XAU= up 1.6% at $3,280.32/ounce

Gold prices rise on a weaker U.S. dollar, while uncertainty persists over U.S. tariff policy and the Russia-Ukraine ceasefire

Top miners Newmont NEM.N up 1.6% and Barrick Mining ABX.TO rise 3.8%

U.S.-listed shares of South African miners Gold Fields GFI.N up 2.2%, AngloGold Ashanti AU.N rise 1.7%, Sibanye Stillwater SBSW.N gains 10.4% and Harmony Gold HMY.N up 2.6%

Canadian miners Agnico Eagle Mines AEM.TO and Kinross Gold K.TO both rise 3.4%

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