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TDUX
Oct 15 - 11:55 AM
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Gold - Miners Rise On Softer Dollar, Lower Yields

By Dharna Bafna  —  Oct 15 - 09:55 AM

(Updates)

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

• Spot gold up 1.3% at $4,156.52/ounce

• Prices climb more than 1%, looking set to snap three sessions of losses, supported by a weaker dollar and lower US Treasury yields, while expectations of a Federal Reserve rate hike this month remained subdued despite hotter-than-expected inflation data

• Top miners Barrick Mining and Newmont

rise 1.1% and 1%, respectively

• US listed shares of South African miners Harmony Gold , Gold Fields and Sibanye Stillwater rise 2.5%, 2.2% and 1.6%, respectively

• Canadian miners Agnico Eagle Mines and Kinross Gold advance 1.5% each

(Reporting by Dharna Bafna in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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