Gold miners gain as bullion prices edge up on US dollar weakness
ReutersJun 30, 2025 1:57 PM
Shares of gold miners rise, tracking gains in bullion prices GOL/
Spot gold XAU= up 0.5% at $3,284.49/ounce after hitting its lowest since May 29 earlier in the session
Bullion has risen 5.2% so far this quarter
Gold prices rose as support from a weaker U.S. dollar overshadowed increased risk appetite, while the market's focus shifted to U.S. jobs data due later this week that could influence the Federal Reserve's rate cut trajectory
Top miner Newmont NEM.N up ~1%
U.S.-listed shares of South African miners Gold Fields GFI.N up 2.3%, AngloGold Ashanti AU.N up 1.8%, Harmony Gold HMY.N up 2.1% and Sibanye Stillwater SBSW.N up 2.5%
Canadian miner Kinross Gold K.TO up marginally
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