Gold miners rise as bullion closes in on two-week high on Fed rate-cut hopes
U.S.-listed shares of gold miners up premarket, tracking bullion’s move to near two-week high on Wednesday GOL/
Spot gold XAU= up 0.7% to $4,159.23 per ounce, highest since November 14
Gold prices rise after U.S. economic data reinforced expectations of a Federal Reserve interest rate cut next month, supporting non-yielding bullion
Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N, edge up 1.5% and 1.2% respectively
ABX on Tuesday said it remains committed to Pakistan’s Reko Diq copper project after reports of a possible withdrawal add. Add ABX share price move
U.S.-listed shares of South African miners Gold Fields GFI.N and AngloGold Ashanti AU.N climb 2.6% and 2.3% respectively
Harmony Gold HMY.N up 3.6% and Sibanye Stillwater SBSW.N rises 1.3%
Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO, KGC.N rise 2.2% and 1.5% respectively
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