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Gold miners fall on profit-booking, investors eye Fed rate cut signals

ReutersDec 2, 2025 4:21 PM

Shares of gold miners fall, tracking prices of the precious metal GOL/

Spot gold XAU= down 0.3% at $4,219.96/ounce, as investors took profits following a six-week high in the previous session, though expectations of Federal Reserve rate cuts provided underlying support ahead of key U.S. economic data this week

Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N fall ~4 and 4.4%, respectively

Canadian miners Agnico Eagle Mines AEM.TO and Kinross Gold K.TO both down 4.3%

South African miners: Harmony Gold HMY.N down ~2%, Gold Fields GFI.N falls 5.5%, Sibanye Stillwater SBSW.N drops 6%

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