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Gold miners gain as US rate cut bets offset dollar strength

ReutersNov 24, 2025 1:00 PM

U.S.-listed shares of gold miners up premarket, tracking the rise in bullion prices GOL/

Spot gold XAU= up 0.1% at $4,069.10 per ounce, as growing expectations of a Federal Reserve rate cut next month helped offset pressure from a firm U.S. dollar

Top miners Newmont NEM.N up marginally and Barrick Mining ABX.TO, B.N rise 2.9%

South African miners Gold Fields GFI.N and AngloGold Ashanti AU.N each up marginally, Harmony Gold HMY.N gains 1.9% and Sibanye Stillwater SBSW.N up 5.1%

Canadian miner Agnico Eagle Mines AEM.TO, AEM.N rises marginally and Kinross Gold K.TO, KGC.N up 1.1%

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