Gold miners down on Fed's policy stance

Shares of gold miners down, tracking bullion prices GOL/

Spot gold XAU= down 0.6% to $3,638.33/ounce after hitting a record high of $3,707.4/ounce on Wednesday

Prices fell due to profit-taking, as markets assessed the U.S. Federal Reserve’s stance on further interest rate cuts

Top miners Newmont NEM.N down 1.5% and Barrick Mining ABX.TO down marginally

U.S.-listed shares of South African miners Gold Fields GFI.N down 1.4% and AngloGold Ashanti AU.N down marginally

Canadian miner Kinross Gold K.TO and Agnico Eagle Mines AEM.TO each down ~1%