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BUZZ-Gold miners fall as US, China reach deal to cut tariffs

Reuters
2025/05/12
BUZZ-Gold miners fall as US, China reach deal to cut tariffs

Updates

** Shares of gold miners fall, tracking dip in bullion prices GOL/

** Spot gold down 2.5% at $3,239.54/ounce

** Gold prices declined after the U.S. and China agreed to temporarily slash tariffs

** Top miners Newmont NEM.N and Barrick Mining ABX.TO down 4.7% and 4.8%, respectively

** U.S.-listed shares of South African miners Gold Fields GFI.N down 9.3%, AngloGold Ashanti AU.N dips 10.1%, Harmony Gold HMY.N falls ~9% and Sibanye Stillwater SBSW.N down 8.9%

** Canadian miners Agnico Eagle Mines AEM.TO down 7.8% and Kinross Gold K.TO falls 6.8%

(Reporting by Sumit Saha in Bengaluru)

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

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