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AU - AngloGold Ashanti News Story

$21.42 0.6  2.7%

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Sector
Basic Materials
Size
Large Cap
Market Cap £5.96bn
Enterprise Value £6.54bn
Revenue £3.19bn
Position in Universe 1014th / 6647

BUZZ-Gold miners gain as market focuses on inflation risks

Tue 12th January, 2021 10:59am
** Shares of gold miners rise before the bell as the
precious metal gained due to the market's focus returning to
prospects of inflation, driven by more U.S. fiscal stimulus
under President-elect Joe Biden
    ** Spot gold  XAU=  was up 0.9% at $1,861.61 per ounce; on
Monday, prices had touched their lowest level since Dec. 2.
 GOL/ 
    ** Newmont Corp  NEM.N  and Barrick Gold Corp  GOLD.N 
 ABX.TO  climb 1.2% and 1.8%, respectively
    ** U.S.-listed shares of Kirkland Lake Gold  KL.TO   KL.N ,
AngloGold Ashanti ANGJ.J   AU.N , Yamana Gold  YRI.TO   AUY.N ,
Gold Fields Ltd  GFIJ.J   GFI.N  and Sibanye Stillwater  SSWJ.J 
 SBSW.N  rise between 1.6% and 3.3%
    ** Biden said Americans needed more economic relief from the
COVID-19 pandemic now and that he would deliver a plan costing
"trillions" of dollars  urn:newsml:reuters.com:*:nL1N2JJ2BL

 (Reporting by Arunima Kumar in Bengaluru)
 ((Arunima.Kumar@thomsonreuters.com))
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