BUZZ-Gold miners gain as bullion prices edge up

Reuters
17 Jan
BUZZ-Gold miners gain as bullion prices edge up

** Shares of gold miners up, as bullion prices rise to a more than one-month high GOL/

** Spot gold XAU= up 0.8% at $2,720.89/ounce, after the latest U.S. economic data pressured the Treasury yields further, following a soft core inflation reading this week that increased bets for a more dovish Federal Reserve policy

** Top miner Newmont NEM.N up 1.4% and Barrick Gold ABX.TO up ~1%

** U.S.-listed shares of South African miner AngloGold Ashanti AU.N up 1.1%

** Canadian miner Agnico Eagle Mines AEM.TO up 1.8%

(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