BUZZ-Gold miners down as bullion prices slip on US-China trade talk hopes

Reuters
07 May
BUZZ-Gold miners down as bullion prices slip on US-China trade talk hopes

** U.S.-listed shares of gold miners fall premarket, tracking dip in bullion prices GOL/

** Spot gold XAU= down 0.7% at $3,375.92/ounce, after a sharp rise in the previous session

** Gold prices decline as optimism surrounding U.S.-China trade talks weaken demand for safe-haven assets ahead of Federal Reserve's policy decision later in the day

** Top miners Newmont NEM.N falls 1.9%, Barrick Mining ABX.TO, GOLD.N down 1.4%

** South African miners Gold Fields GFI.N dips 2.6%, AngloGold Ashanti AU.N falls 2.3% and Harmony Gold HMY.N down 3.8%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N and Kinross Gold K.TO, KGC.N down 1.4% and 1.5%, respectively

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10