Gold miners fall as bullion prices slip after U.S. inflation data boosts Fed hike bets
10/09/2026 16:44
BUZZ-Gold miners fall as bullion prices slip after U.S. inflation data boosts Fed hike bets ** Shares of gold miners down, tracking lower bullion prices GOL/
** Spot gold XAU= dropped 1% at $4,358.09/ounce
** Prices fall after robust U.S. inflation data and rising oil prices increased bets for a Federal Reserve rate hike next week
** Top miners Newmont NEM.N and Barrick Mining ABX.TO down ~2% and 1.8% respectively
** U.S.-listed shares of South African miners: Harmony Gold HMY.N down ~2% and Gold Fields GFI.N down 2.4%
** Candian Miners Agnico Eagle Mines AEM.TO and Kinross Gold K.TO 2% and 3.4%
(Reporting by Pranav Mathur in Bengaluru)