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TDUX
Sep 17 - 01:55 PM

Gold - Miners Gain As Easing Oil Prices, Weaker US Dollar Boost Bullion

By Pooja Menon  —  Sep 17 - 11:48 AM

(Updates)

• Shares of gold miners gain, tracking rise in bullion prices [GOL/]

• Spot gold up 2.2% at $4,356.04 per ounce, rebounding from a near six-week low hit during previous session, supported by easing oil prices and a lower U.S. dollar, while investors assessed the latest Federal Reserve rate hike and policy cues

• Top miners Newmont and Barrick Gold each up ~3%

• U.S.-listed shares of South African miners Gold Fields

rise 3.4%, Harmony Gold jump 3.9%, AngloGold Ashanti gain 2.7% and Sibanye-Stillwater up 4.6%

• Canadian miners Agnico Eagle Mines rises 3.4% and Kinross Gold adds 3%

(Reporting by Pooja Menon in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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