Tiger Brokers

BUZZ-Gold miners down as bullion prices edge lower

Reuters
Apr 23, 2025
BUZZ-Gold miners down as bullion prices edge lower

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

** Spot gold XAU= down 1.3% at $3,336.61/ounce, after hitting a record high of $3,500.05/ounce in the previous session

** Gold prices dipped after U.S. President Donald Trump hinted at lower tariffs for China and said he has no plans to fire Federal Reserve Chair Jerome Powell

** Top miners Newmont NEM.N down 2.1% and Barrick Gold ABX.TO, GOLD.N falls 1.9%

** South African miners Gold Fields GFI.N down 4.2%, AngloGold Ashanti AU.N falls 4%, Harmony Gold HMY.N down 3.6% and Sibanye Stillwater SBSW.N falls 2.8%

** Canadian miners Agnico Eagle Mines AEM.TO, AEM.N down 2.7% and Kinross Gold K.TO, KGC.N falls 3.1%

(Reporting by Pooja Menon in Bengaluru)

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

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