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TDUX
Nov 12 - 07:55 AM
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Gold - Miners Fall As Bullion Prices Edge Lower On Stronger US Dollar

By Pooja Menon  —  Nov 12 - 06:15 AM

• US-listed shares of gold miners down premarket, tracking bullion price decline [GOL/]

• Spot gold down 0.9% at $3,953.50/ounce after touching lowest since November 4 earlier in the session

• Gold falls for a third straight session to hit lowest in over a week, weighed by a robust US dollar, expectations of further Fed monetary tightening and hawkish signals from policymakers

• Top miners Newmont , Barrick Mining fall 1.3% and 1%, respectively

• South African miners Gold Fields and AngloGold Ashanti drop 1.8% and 2.2%, respectively

• Canadian miners: Agnico Eagle Mines dips 1.6%, Kinross Gold falls 1.3%

(Reporting by Pooja Menon in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters
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