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BUZZ-Gold miners fall as bullion prices edge lower on strong US dollar

Reuters
Jul 07, 2025
BUZZ-Gold miners fall as bullion prices edge lower on strong US dollar

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

** Spot gold XAU= down 0.8% at $3,309.09/ounce

** Gold prices slipped to a near one-week low due to an uptick in the U.S. dollar, with investors awaiting details on the trade front ahead of U.S. President Donald Trump's tariff deadline

** The dollar =USD rose 0.4% against its rivals, making gold more expensive for other currency holders USD/

** Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N down 1.7% and 1.8%, respectively

** South African miners Gold Fields GFI.N down ~1%, AngloGold Ashanti AU.N falls 1.5% and Harmony Gold HMY.N down 1%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N down 1.3% and Kinross Gold K.TO, KGC.N falls 1.6%

(Reporting by Pooja Menon in Bengaluru)

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

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