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BUZZ-Gold miners up as bullion prices rise on weak US dollar

Reuters
May 10, 2025
BUZZ-Gold miners up as bullion prices rise on weak US dollar

Updates

** Shares of gold miners rise, tracking gains in bullion prices GOL/

** Spot gold XAU= up 0.6% at $3,336.94/ounce; the metal has climbed 3.2% so far this week

** Gold prices rose as the U.S. dollar ticked lower, while the market digested comments on tariffs from U.S. President Donald Trump ahead of a weekend meeting between the U.S. and China

** Top miner Newmont NEM.N up 1.6% and Barrick Mining ABX.TO rises 1.5%

** U.S.-listed shares of South African miners Gold Fields GFI.N up 1.6%, AngloGold Ashanti AU.N up 6.9% and Harmony Gold HMY.N up 3%

** Canadian miners Agnico Eagle Mines AEM.TO up 1.9% and Kinross Gold K.TO up 1.5%

(Reporting by Pooja Menon in Bengaluru)

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

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