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

ReutersJul 17, 2025 10:17 AM

** U.S.-listed shares of gold miners down premarket, tracking decline in bullion prices GOL/

** Spot gold XAU= down 0.6% at $3,326.36/ounce, pressured by a firmer U.S. dollar, as investor worries eased temporarily after President Donald Trump said he did not plan to oust Federal Reserve Chair Jerome Powell

** The dollar index .DXY was up 0.3% against its rivals, making greenback-priced bullion more expensive for other currency holders USD/

** Top miners Newmont NEM.N down 1% and Barrick Mining ABX.TO, B.N down marginally

** South African miners Gold Fields GFI.N down marginally, Harmony Gold HMY.N and AngloGold Ashanti AU.N each down ~1%

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

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