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Jun 10 - 04:55 PM

Gold - Miners Fall As Bullion Edges Lower On US-China Trade Talks, Strong Dollar

By Katha Kalia  —  Jun 10 - 03:11 PM

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

• Spot gold down 0.1% at $3,324.55/ounce

• Prices fell as traders closely monitored U.S.-China talks, the outcome of which could simmer down trade tensions and boost the global economy, lessening demand for safe-haven assets; a rising U.S. dollar added pressure

• Top miners Newmont and Barrick Mining down 1.4% and 1.1% respectively

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

down 2%, Sibanye Stillwater falls 1.8% and Anglogold Ashanti dips 2.4%

• Canadian miners Kinross Gold and Agnico Eagle Mines down 1.6% and 1.2% respectively


(Reporting by Katha Kalia in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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