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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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