Gold miners climb as bullion prices edge higher

Barrick Mining

12/08/2026 16:30

** Shares of gold miners up, tracking rise in bullion prices GOL/
** Spot gold XAU= up 1.2% at $4,423.11 per ounce, supported by a softer dollar after a U.S. inflation reading matched expectations, bolstering bets that the Federal Reserve will keep rates on hold in September
** U.S. consumer inflation increased slightly in July, potentially weakening the argument for an interest rate hike from the Fed next month
** Top miners Newmont NEM.N, Barrick Mining ABX.TO up 1.9% and 2.4%, respectively
** South African miners Gold Fields GFI.N rises 2.1%, Harmony Gold HMY.N jumps 1.9% and AngloGold Ashanti AU.N gains ~1%
** Canadian miners Agnico Eagle Mines AEM.TO rises 2.5% and Kinross Gold K.TO adds 1.3%

 (Reporting by Pooja Menon in Bengaluru)
 ((Pooja.Menon@thomsonreuters.com;))