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Gold miners gain as bullion prices edge higher on US dollar weakness

ReutersJul 10, 2025 10:22 AM

U.S.-listed shares of gold miners up premarket, tracking rise in bullion prices GOL/

Spot gold XAU= up 0.4% at $3,325.64/ounce

Gold prices rose, supported by a pullback in the U.S. dollar and the prospect of U.S. interest rate cuts later in the year, while investors awaited more details on President Donald Trump's trade policy

The U.S. dollar index .DXY eased 0.2% against its rivals, making gold less expensive for other currency holders USD/

Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N each up marginally

South African miners Gold Fields GFI.N up marginally, Harmony Gold HMY.N rises 1.6%, AngloGold Ashanti AU.N up 1.2% and Sibanye Stillwater SBSW.N rises 4.1%

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

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