BUZZ-Gold miners fall as bullion prices edge lower

Reuters
2025/06/20
BUZZ-Gold miners fall as bullion prices edge lower

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

** Spot gold XAU= slips 0.4% to $3,356.11/ounce and was down 2.4% on weekly basis

** Gold prices fell and were poised for worst weekly performance in more than one month after Federal Reserve tempered expectations for rate cuts and on temporary easing of concerns about imminent U.S. attack on Iran

** U.S. dollar was up 0.5% this week and poised for its biggest weekly gain in over one month, making gold more expensive for holders of other currencies USD/

** Top miners Newmont NEM.N down ~1% and Barrick Gold ABX.TO, B.N down 1.3%

** South African miners Gold Fields GFI.N down ~1%, Harmony Gold HMY.N and Sibanye Stillwater SBSW.N each down marginally, AngloGold Ashanti AU.N down 1.3%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N down 1.4% and Kinross Gold K.TO, KGC.N down 1%

(Reporting by Pooja Menon in Bengaluru)

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

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