Gold miners gain as bullion rises on rate cut bets
ReutersDec 12, 2025 3:29 PM
Shares of gold miners rise, tracking prices of the precious metal GOL/
Spot gold XAU= up 1% at $4,327.31 per ounce
Prices rises bolstered by a soft dollar, expectations of interest rate cuts and safe-haven demand prompted by geopolitical turbulence
Top miners Newmont NEM.N and Barrick Mining ABX.TO gain 1.3% and ~1% respectively
U.S.-listed shares of South African miners Harmony Gold HMY.N up 1.1% and AngloGold Ashanti AU.N up marginally
Canadian miners Agnico Eagle Mines AEM.TO up 2% and Kinross Gold K.TO up ~1%
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