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BUZZ-Gold miners gain as bullion prices edge up on weak US dollar

Reuters
May 16
BUZZ-Gold miners gain as bullion prices edge up on weak US dollar

** Shares of gold miners rise, tracking gains in bullion prices GOL/

** Spot gold XAU= up 1.2% at $3,224.55/ounce after hitting a more than one-month low earlier in the session

** Gold prices rose aided by a softer U.S. dollar and weak U.S. economic data, while Russian President Vladimir Putin's failure to attend peace talks drove some safe-haven buying

** Top miner Newmont NEM.N up 1.6% and Barrick Mining ABX.TO rises 1.2%

** U.S.-listed shares of South African miners Gold Fields GFI.N up 3.5%, AngloGold Ashanti AU.N up 2.2% and Harmony Gold HMY.N up 2.1%

** Canadian miners Agnico Eagle Mines AEM.TO up 1.4% and Kinross Gold K.TO up 1.3%

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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