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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