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Gold miners fall as bullion prices slide on strong US jobs report

ReutersNov 20, 2025 6:50 PM

Shares of gold miners fall, tracking a decline in bullion prices GOL/

Spot gold XAU= down 0.5% at $4,062.41 per ounce

Bullion prices edged lower as investors digested the September U.S. jobs report, which showed stronger-than-expected employment figures and dampened prospects of a December rate cut

Top miners Newmont NEM.N and Barrick Gold ABX.TO fall 5% and ~4%, respectively

U.S.-listed shares of South African miners Gold Fields GFI.N, Harmony Gold HMY.N and AngloGold Ashanti AU.N decline between 6.4% and 3.3%

Canadian miners Agnico Eagle Mines AEM.TO and Kinross Gold K.TO dip 3.9% and 4%, respectively

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