Gold miners slide as bullion hits over two-month low

Barrick Mining

10/06/2026 16:21

** Shares of gold miners fall, tracking a decline in bullion prices GOL/
** Spot gold XAU= down 3.3% at $4,119.79/ounce, its lowest level since March 23
** Bullion prices remain near a more than two-month low after cooler-than-expected U.S. inflation data, as traders shift focus to the risk of a wider U.S.-Iran regional war
** Top miners Newmont NEM.N and Barrick Mining ABX.TO down 3.3% and 2.5%, respectively
** U.S.-listed shares of South African miners Gold Fields GFI.N, AngloGold Ashanti AU.N and Sibanye Stillwater SBSW.N down between 3.6% and 5.3%
** Canadian miners: Agnico Eagle Mines AEM.TO down 3.6% and Kinross Gold K.TO falls 3.3%
     

 (Reporting by Sumit Saha in Bengaluru)
 ((Sumit.Saha@thomsonreuters.com;))