BUZZ-Gold miners up as bullion prices rise on bargain hunting ahead of US jobs data

Reuters
02 May
BUZZ-Gold miners up as bullion prices rise on bargain hunting ahead of US jobs data

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

** Spot gold XAU= up 0.6% at $3,258.62/ounce. Bullion has lost 1.8% so far this week

** Gold prices rose on bargain-hunting ahead of U.S. non-farm payrolls report, after prices touched a two-week low in the previous session, but signs of easing U.S.-China trade tensions kept the safe-haven metal on track for its second weekly fall

** Top miners Newmont NEM.N up 1.3% and Barrick Gold ABX.TO, GOLD.N up 1.8%

** South African miners Gold Fields GFI.N up 2.6%, AngloGold Ashanti AU.N up 2.5%, Harmony Gold HMY.N up 3.8% and Sibanye Stillwater SBSW.N up 4.2%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N up 1.8% and Kinross Gold K.TO, KGC.N up 1.6%

(Reporting by Pooja Menon in Bengaluru)

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

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10