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Mar 21 - 08:55 AM

Gold - Miners Fall On Firm Dollar, Profit Booking

By Tanay Dhumal  —  Mar 21 - 06:52 AM

• U.S.-listed shares of gold miners slip premarket, tracking a fall in prices of the precious metal

• Spot gold down 0.4% to $3,031.62/ounce, while U.S. gold futures fall 0.2% to $3039.00/ounce [GOL/]

• Gold prices fall as the dollar firmed and investors booked profits after bullion hit three successive all-time peaks this week, buoyed by safe-haven demand amid trade war concerns and hopes of a rate cut by the Federal Reserve later this year

• Top gold miners Newmont and Barrick Gold , slip 0.9% and 1.1%, respectively

• U.S.-listed shares of South African miners Gold Fields , , AngloGold Ashanti , and Harmony Gold , down between 0.8% and 1.4%

• U.S.-listed shares of Canadian miners Agnico Eagle Mines , and Kinross Gold , slip 1.2% and 1.1%, respectively

(Reporting by Tanay Dhumal in Bengaluru)

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Source:
London Stock Exchange Group | Thomson Reuters

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