By Pooja Menon — Jul 01 - 05:56 AM
• U.S.-listed shares of gold miners rise premarket, tracking rise in bullion prices [GOL/]
• Spot gold up 1.2% at $3,345.84/ounce
• Gold prices rise as a weaker U.S. dollar and uncertainty over U.S. tariffs loom, along with concerns about the country's fiscal outlook that are driving investors toward safe-haven assets
• The U.S. dollar weakens to its lowest level since early 2022, making gold less expensive for overseas buyers [USD/]
• Top miner Newmont and Barrick Mining
each up 1.3%
• South African miners Gold Fields up 2.5%, AngloGold Ashanti up 3.8%, Harmony Gold up 3.4% and Sibanye Stillwater up 3.3%
• Canadian miners Agnico Eagle Mines up
1.3% and Kinross Gold up 1.7%
(Reporting by Pooja Menon in Bengaluru)
Source:
London Stock Exchange Group | Thomson Reuters