BUZZ-Gold miners fall as bullion edges lower on US-China trade talks, strong dollar

Reuters
06-11
BUZZ-Gold miners fall as bullion edges lower on US-China trade talks, strong dollar

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

** Spot gold XAU= down 0.1% at $3,324.55/ounce

** Prices fell as traders closely monitored U.S.-China talks, the outcome of which could simmer down trade tensions and boost the global economy, lessening demand for safe-haven assets; a rising U.S. dollar added pressure

** Top miners Newmont NEM.N and Barrick Mining ABX.TO down 1.4% and 1.1% respectively

** U.S.-listed shares of South African miners Harmony Gold HMY.N down 2%, Sibanye Stillwater SBSW.N falls 1.8% and Anglogold Ashanti AU.N dips 2.4%

** Canadian miners Kinross Gold K.TO and Agnico Eagle Mines AEM.TO down 1.6% and 1.2% respectively

(Reporting by Katha Kalia in Bengaluru)

((Katha.Kalia@thomsonreuters.com))

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