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

Reuters
Mar 06, 2025
BUZZ-Gold miners gain as bullion prices inch up on weak US dollar

** Shares of gold miners rise, tracking a rise in the price of bullion GOL/

** Spot gold XAU= up 0.1% at $2,916.36/ounce, helped by a weaker U.S. dollar and investors refraining from large bets ahead of the release of U.S. payrolls data later this week

** Concerns about U.S. President Donald Trump's tariffs have driven up the prices of safe-haven gold

** Top miners Newmont NEM.N and Barrick Gold ABX.TO up 2% and 2.4% respectively

** South African miners Gold Fields GFI.N up 1.9%, Harmony Gold HMY.N up 2.6% and AngloGold Ashanti AU.N up 2.2%

** Canadian miners Kinross Gold K.TO and Agnico Eagle mines AEM.N up 2.4% and 1.7% respectively

(Reporting by Katha Kalia in Bengaluru)

((Katha.Kalia@thomsonreuters.com;))

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