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Gold miners fall as US dollar regains lost ground

ReutersMay 27, 2025 9:59 AM

U.S.-listed shares of gold miners fall premarket, tracking a dip in gold prices GOL/

Spot gold XAU= down 1.4% at $3295.59/ounce

Gold prices slipped as the dollar regained some lost ground following U.S. President Donald Trump's less aggressive stance towards the European Union

Top miners Newmont NEM.N down 2.3% and Barrick Mining ABX.TO, B.N falls 2.2%

South African miners Gold Fields GFI.N dips 5.4%, AngloGold Ashanti AU.N down 2.6% and Sibanye Stillwater SBSW.N drops 5%

South African miner Harmony Gold HMY.N down 9.7% after co agreed to buy Australian miner Mac Copper Ltd MTAL.N for $1.03 billion

Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO, KGC.N down 2.7% and 2.4% respectively

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