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Gold miners gain as bullion prices edge up on weak US dollar

ReutersJun 30, 2025 9:45 AM

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

Spot gold XAU= up 0.4% at $3,279.83/ounce after hitting its lowest since May 29 earlier in the session

Bullion has risen 5.4% so far this quarter

Gold prices rose as the U.S. dollar hovered near its lowest level in more than three years, while the market's focus shifted to a slew of U.S. jobs data due later this week that may influence the Federal Reserve's rate cut trajectory.

Top miner Newmont NEM.N up ~1% and Barrick Mining ABX.TO, B.N rises marginally

U.S.-listed shares of South African miners Gold Fields GFI.N up 1.2%, AngloGold Ashanti AU.N up 1.8%, Harmony Gold HMY.N up 2.4% and Sibanye Stillwater SBSW.N up 2.6%

Canadian miners Agnico Eagle Mines AEM.TO, AEM.N up ~1% and Kinross Gold K.TO, KGC.N up marginally

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