BUZZ-Gold miners fall as bullion heads for worst week in six months

Reuters
05-16
BUZZ-Gold miners fall as bullion heads for worst week in six months

** U.S.-listed shares of gold miners fall premarket tracking prices of the precious metal, which are headed for their worst week in six months GOL/

** Spot gold XAU= down over 2% at $3,171.26 per ounce, pressured by a stronger U.S. dollar and a temporary U.S.-China trade agreement, which dented demand for the safe-haven metal

** Top miners Newmont NEM.N and Barrick Mining B.N drop 2.1% and 2.5%, respectively

** South African miners Harmony Gold HMY.N, Sibanye Stillwater SBSW.N and Anglogold Ashanti AU.N all drop over 3%

** Canadian miners Kinross Gold KGC.N down 2.2% and Agnico Eagle Mines AEM.N down 1.9%

(Reporting by Vallari Srivastava in Bengaluru)

((Srivastava.Vallari@thomsonreuters.com;))

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