BUZZ-Gold miners gain after bullion rises on dip-buying, markets await US inflation data

Reuters
Yesterday
BUZZ-Gold miners gain after bullion rises on dip-buying, markets await US inflation data

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

** Spot gold was up 1% at $4,969.85 per ounce

** Prices bounced back after hitting a near one-week low on Thursday, as investors stepped in to buy at cheaper prices while they waited for key U.S. inflation data later in the day

** Top miners Newmont NEM.N and Barrick Mining ABX.TO, B.N gain 1.4% and 1%, respectively

** South African miners Gold Fields GFI.N up 1.6% and AngloGold Ashanti AU.N gains 1.5%

** Canadian miners Kinross Gold K.TO, KGC.N 1.3% and Agnico Eagle Mines AEM.TO, AEM.N climbs 2.7%

(Reporting by Pranav Mathur in Bengaluru)

((Pranav.Mathur@thomsonreuters.com;))

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