Gold miners down as bullion prices edge lower on strong US dollar
Shares of gold miners down, tracking decline in bullion prices GOL/
Spot gold XAU= down 2.6% at $4,874.19/ounce, after hitting its lowest level since February 6 earlier in the session
Gold prices fall to a more than one-month low, pressured by a stronger U.S. dollar and a jump in oil prices that stoked inflation fears and reinforced bets that the U.S. Federal Reserve will not cut interest rates soon
The U.S. dollar inched higher, making gold less affordable for holders of other currencies USD/
Top miners Newmont NEM.N and Barrick Mining ABX.TO fall 3.1% and 4.8%, respectively
U.S.-listed shares of South African miners Gold Fields GFI.N, AngloGold Ashanti AU.N, Harmony Gold HMY.N and Sibanye Stillwater SBSW.N lose between 4.2% and 6.6%
Canadian miners: Agnico Eagle Mines AEM.TO dips 5.4%; Kinross Gold K.TO, KGC.N falls 6%
