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Gold miners fall as bullion prices edge lower on strong US dollar

ReutersJul 7, 2025 10:04 AM
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U.S.-listed shares of gold miners down premarket, tracking fall in bullion prices GOL/

Spot gold XAU= down 0.8% at $3,309.09/ounce

Gold prices slipped to a near one-week low due to an uptick in the U.S. dollar, with investors awaiting details on the trade front ahead of U.S. President Donald Trump's tariff deadline

The dollar =USD rose 0.4% against its rivals, making gold more expensive for other currency holders USD/

Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N down 1.7% and 1.8%, respectively

South African miners Gold Fields GFI.N down ~1%, AngloGold Ashanti AU.N falls 1.5% and Harmony Gold HMY.N down 1%

Canadian miners Agnico Eagle Mines AEM.TO, AEM.N down 1.3% and Kinross Gold K.TO, KGC.N falls 1.6%

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