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BUZZ-US-listed gold miners fall as bullion drops

Reuters
03/16
BUZZ-US-listed gold miners fall as bullion drops

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

** Spot gold XAU= down 0.8% at $4,978.29/ounce

** Bullion prices decline as rising oil prices fuel fears of inflation and a more hawkish central bank outlook, weighing on the non‑yielding metal

** Top miners: Newmont NEM.N down 2.6%; Barrick Mining B.N down 2.7%

** South African miners: Harmony Gold HMY.N, AngloGold Ashanti AU.N and Gold Fields GFI.N down between 1.2% and 3.4%

** Canadian miners: Agnico Eagle Mines AEM.N down ~2%; Kinross Gold KGC.N falls 2.5%

(Reporting by Sumit Saha in Bengaluru)

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

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