Gold miners fall as investors book profits

Franco-Nevada

25/07/2024 17:05

** Shares of gold miners fall, tracking losses in prices of
the bullion  GOL/ 
    ** Spot gold  XAU=  down 1.4% at $2,364.12 per ounce, as
investors square positions to focus on U.S. economic data that
could offer additional insights into timing of Federal Reserve's
potential interest-rate cuts
    ** Top miners Newmont  NEM.N  and Barrick Gold  ABX.TO  slip
3.4% and 3.8%, respectively
    ** U.S.-listed shares of South African miners Gold Fields
 GFIJ.J   GFI.N , Anglogold Ashanti  AU.N , Sibanye Stillwater
 SSWJ.J   SBSW.N  and Harmony Gold  HARJ.J   HMY.N  drop between
1.9% and 4.8%
    ** Canadian miners Franco-Nevada  FNV.TO , Agnico Eagle
Mines  AEM.TO  and Kinross Gold  K.TO  are down between 1.1% and
3.9%

 (Reporting by Vallari Srivastava in Bengaluru)
 ((Srivastava.Vallari@thomsonreuters.com;))